InvestorsHub Logo
Followers 37
Posts 6459
Boards Moderated 3
Alias Born 05/06/2014

Re: bob4uall post# 4595

Sunday, 11/27/2022 12:01:43 PM

Sunday, November 27, 2022 12:01:43 PM

Post# of 5357
Apparently, the 180 day grace period was amended in 2017 for OTCQB companies that reduced in half to 90 days from the prior 180 days.Seems the 180 day grace period still applies to NASDAQ listed companies not to OTC companies.

This makes sense why some get 180 day day grace and some get 90 day grace period.


If something that contradicts this please post


https://www.huffpost.com/entry/otc-markets-amends-listing-standards-for-otcqb-to-allow_b_5964d086e4b0911162fc2ecf

OTC Markets Amends Listing Standards for OTCQB to Allow Non-Reporting Issuers


"The cure period for delinquent filings has been extended to 45 days from the prior 30-day period. However, the cure period for a bid price deficiency has been reduced in half to 90 days from the prior 180 days. Moreover, if a company’s closing bid price falls below $0.001 at any time for five consecutive days, the company will automatically be removed from the OTCQB."