News Article

Aero Systems Engineering leaves stock market
Date: Dec 23, 2003
Source: bizjournals ( click here to go to the source)

Featured firm in this article: Aero Systems Engineering Inc of St Paul, MN



St. Paul-based Aero Systems Engineering Inc. has followed up on its Dec. 3 announcement and formally asked the Securities and Exchange Commission to deregister its stock and suspend its reporting obligations as a publicly traded company.

Aero Systems' stock will disappear from the Nasdaq SmallCap market effective immediately, and the company will no longer file forms 10-K, 10-Q, 8-K and other reports with the SEC.

The company's last stock price quote, at the end of trading on Tuesday, was $2.75, down 3 cents, or 0.2 percent from the close on Monday.

Aero Systems makes test facilities for the aerospace industry, including wind tunnels.