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Re: wow_happens28 post# 456

Wednesday, 06/08/2022 2:24:21 PM

Wednesday, June 08, 2022 2:24:21 PM

Post# of 654
>> RIBT needs $1.00 7 consecutive days or reverse split by about August 1st <<


Is that to avoid a de-listing?

>>> If a company trades for 30 consecutive business days below the $1.00 minimum closing bid price requirement, Nasdaq will send a deficiency notice to the company, advising that it has been afforded a "compliance period" of 180 calendar days to regain compliance with the applicable requirements. <<<



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