(2) As set forth in Rule 5625, a Company must provide the Exchange with prompt notification after an Executive Officer of the Company becomes aware of any noncompliance by the Company with the requirements of the Rule 5600 Series. (b) Obligation to Make Public Disclosure (1) Disclosure of...
5550. Continued Listing of Primary Equity SecuritiesA Company that has its Primary Equity Security listed on the Capital Market must continue to meet all of the requirements set forth in Rule 5550(a) and at least one of the Standards set forth in Rule 5550(b). Failure to meet any of the...
Nasdaq has several rules that address the delisting of companies whose share price falls below $1. Listing Rule 5550(a)(2) – Minimum Bid Price Requirement: This rule mandates that a company’s stock must maintain a minimum bid price of $1 per share. If a...
(iv) The Exchange shall declare a Regulatory Halt when the Exchange becomes aware that a security listed on the Exchange fails to comply with Rule 5550(d). (2) Resumption of Trading After a Regulatory Halt (A) Resumption of Trading After a Regulatory Halt Other Than a SIP Halt (i) The...
announced that it received a notification letter on April 10, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market, indicating that the Company has regained compliance with the minimum market value of listed securities requirement set forth ...
Panel granted the Company's request to phase down to The Nasdaq Capital Market and an extension until January 14, 2022 to evidence compliance with the minimum $2.5 million stockholders' equity requirement, or the alternative compliance standards as set forth in Nasdaq Listing Rule ...
OnFebruary 5, 2024, the Company received a letter from Nasdaq notifying the Company that it had regained compliance with Nasdaq Listing Rule 5550(a)(2), because for the last 10 consecutive business days, fromJanuary 22, 2023, throughFebruary 2, 2024, the closing bid price of the...
Company Codes:NASDAQ-NMS:ANPC IPO MORE ON THIS TOPIC Funding Navigating a Biotech Exit in a Rebounding Market November 6, 2024 · 8 min read · Ana Mulero GLP-1 Novo Nordisk Signs $285M GLP-1 Deal With Danish Neighbor Ascend...
Rule 5550(a)(2) based upon the closing bid price of the ordinary shares for the 30 consecutive business days prior to the date of the Notice. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided an initial period of 180 calendar days, or untilJanuary 15, ...
Rule 5550(a)(4) Publicly Held Shares Rules 5350(b)(1)(B) Publicly Held Shares, 5450(b)(1)(A) Stockholders' Equity, and 5450(a)(2) Total Holders Rules 5450(b)(3)(A) Total Assets/Total Revenue, 5450(b)(2)(B) Publicly Held Shares, and 5450(a)(2) Total Holders, and Rules...