Friday, March 20, 2009

Organic To Go Delists

Seattle-based Organic To Go, an venture-backed operator of an organic, fast casual food chain, said Friday that the firm has filed to terminate the registration of its common stock with the SEC. The firm, which had been traded OTCBB, had announced the move in February. The firm said it decided to delist due to the "costs, administrative burdens and competitive disadvantages" of SEC reporting. Organic To Go has previously raised funding from Funk Ventures, Inventages Venture Capital SA, and angel group the Tech Coast Angels.