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linda1

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linda1

Re: Kabuli post# 525

Thursday, 02/28/2019 7:49:52 PM

Thursday, February 28, 2019 7:49:52 PM

Post# of 9365
Does a Chapter 11 filing accelerate the delisting
process?

NASDAQ allows 90 days after a stock trades under
$ 1.00 before it is delisted.


“ In the case of Nasdaq stocks that fall below
the trading minimum, Nasdaq sends a warning
that the company has 90 days to get the stock
trading at an acceptable level. If the company
is unable to do so, Nasdaq then notifies the
company of its imminent delisting. “



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