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Re: None

Friday, 04/12/2024 5:33:02 PM

Friday, April 12, 2024 5:33:02 PM

Post# of 40972
What Sonny gets paid for.....
Filing extensions haha

On April 8, 2024, the Company received a new notification letter from the Staff notifying the Company that, as of April 5, 2024, the Company’s common stock had a closing bid price of $0.10 or less for ten consecutive trading days and that, consistent with Nasdaq Listing Rule 5810(c)(3)(A)(iii), the Staff has determined to delist the Company’s common stock from The Nasdaq Capital Market. The notice further provides that the Company has until April 15, 2024, to request a hearing before an independent Hearings Panel (the “Panel”).
The Company plans to timely request a hearing before the Panel, which request will automatically stay any suspension or delisting action at least pending the completion of the hearings process and the expiration of any additional extension period that may be granted by the Panel following the hearing. In accordance with the Nasdaq Listing Rules, the Panel has the authority to grant the Company an extension through October 7, 2024; notwithstanding, there can be no assurance that an extension will be granted or that the Company will ultimately regain compliance with all applicable requirements for continued listing on The Nasdaq Capital Market.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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