Bit Brother Ltd (BETSF)

[Frankestin]

Why is the Panel still open? (what the shorts ask themselves)
I mean that if the Panel has not yet been closed it means that there are reasons to keep it open and BETS is doing something to try to remain on the NASDAQ.
if it was something irremediable then they could have closed the Panel already on the 27th especially if BETS is thinking about OTC (website and SEC filing update)


The notice has no immediate impact on the Company’s listing and trading, as Nasdaq has granted the Company a hearing before the Nasdaq Hearings Panel (the “Panel”) scheduled to be held on February 27, 2024 (the “Hearing”). Nasdaq will continue to stay any suspension or delisting action pending the completion of the hearing process. There can be no assurance that the Panel will grant the Company’s request to demonstrate compliance of continued listing requirement or that the Company will be able meet the continued listing requirement during any compliance period or in the future.