OrganiGram Holdings Inc (OGI)

[weedisgreen]

To post to others what you are talking about.. it's not a big deal yet, but could be as we don't want ogi to be forced into a rs.

The Notification has no immediate effect on the listing of the Company’s common shares on the NASDAQ Global Select Market. Under NASDAQ Listing Rule 5810(c)(3)(A), the Company has a period of 180 calendar days from the date of Notification, being until July 24, 2023, to regain compliance with the Minimum Bid Requirement, during which time the common shares will continue to trade on the NASDAQ Global Select Market. If at any time before July 24, 2023, the bid price of the common shares closes at or above US$1.00 per share for a minimum of 10 consecutive business days, the Company will regain compliance with the Minimum Bid Requirement. In the event the Company does not regain compliance with the Minimum Bid Requirement by July 24, 2023, the Company may be eligible for an additional period of 180 calendar days to regain compliance or may be subject to delisting of the common shares from the NASDAQ Global Select Market. The Company’s common shares are also listed on the Toronto Stock Exchange and the Notification does not affect the Company’s compliance status with such listing.