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Re: tone3 post# 1796

Friday, 09/21/2018 9:29:56 AM

Friday, September 21, 2018 9:29:56 AM

Post# of 2850

What Is the Delisting Process for the NASDAQ?[/quote]

Deficiency notice
If a company is in violation of the continued listing standards for a period of 30 consecutive days, the NASDAQ sends a "deficiency notice." The most common reasons for a deficiency notice are a share price that falls below $1.00 or a market cap that falls below the stated minimum (as low as $5 million if other requirements are satisfied).

Once a deficiency notice has been sent, the company has 90 days to comply with the continued listing standards, or 180 days if the violation was for a sub-$1.00 share price. In order to be compliant, the company's share price or market cap must rise above the minimum for at least 10 consecutive days in the 90-day (or 180-day) period.


https://www.fool.com/knowledge-center/delisting-process-for-the-nasdaq.aspx

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The Nasdaq’s Minimum Bid Price Requirement



https://thebowserreport.com/financial-news/the-nasdaqs-minimum-bid-price-requirement/
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