“On November 2, 2023, we received a letter from
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Posted On: 03/20/2024 6:25:47 AM
“On November 2, 2023, we received a letter from The NASDAQ Stock Market advising that the Company did not meet the minimum $1.00 per share bid price requirement for continued inclusion on The NASDAQ Capital Market pursuant to NASDAQ Marketplace Listing Rule 5550(a)(2). To demonstrate compliance with this requirement, the closing bid price of our common stock needs to be at least $1.00 per share for a minimum of 10 consecutive business days before April 30, 2024. In order to satisfy this requirement, the Company intends to continue actively monitoring the bid price for its common stock between now and April 30, 2024, and will consider available options to resolve the deficiency and regain compliance with the minimum bid price requirement.”
This would put it at April 16th close or 17th of April 30th closes above $1 for bid
I believe that we reach all requirements to get a 180 day extension, and I know Rory would not want to do another RS as he has talked about it in the past.
Now that the offering is done I can see us slowly moving up. $1 will be around 60 million market cap, still extremely low imo
This would put it at April 16th close or 17th of April 30th closes above $1 for bid
I believe that we reach all requirements to get a 180 day extension, and I know Rory would not want to do another RS as he has talked about it in the past.
Now that the offering is done I can see us slowly moving up. $1 will be around 60 million market cap, still extremely low imo
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