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NMT Medical Inc., a provider of cardiac implants, has been notfied it no longer meets the requirements for listing on the Nasdaq Global Market.

Nasdaq has informed the company that following the recent resignation of a board member, who also sat on the company’s audit committee, the Boston-based medical device company is out of compliance with Nasdaq’s audit listing rules. Nasdaq has given NMT until the next shareholders’ meeting to remedy the situation, or until Aug. 25, 2011, whichever comes first.

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