BurgerFi Int'l (fka BFICQ)

[BigBadWolf]

When $BFI’s downturn began (start @ bottom) & for all to see how long they have
Date Close/Last Volume Open High Low
02/01/2024 $0.58 119,510 $0.6048 $0.6048 $0.575
01/31/2024 $0.605 110,182 $0.65 $0.655 $0.60
01/30/2024 $0.6561 39,347 $0.6725 $0.6899 $0.64
01/29/2024 $0.689 25,563 $0.67 $0.69 $0.67
01/26/2024 $0.674 12,606 $0.66 $0.68 $0.6501
01/25/2024 $0.645 46,074 $0.6899 $0.6899 $0.641
01/24/2024 $0.6948 25,341 $0.68 $0.6998 $0.68
01/23/2024 $0.671 22,561 $0.68 $0.694 $0.665 (30 day mark)
01/22/2024 $0.691 38,909 $0.725 $0.725 $0.6705
01/19/2024 $0.71 25,684 $0.707 $0.7165 $0.695
01/18/2024 $0.7161 57,922 $0.66 $0.7374 $0.64
01/17/2024 $0.65 98,897 $0.69 $0.69 $0.621
01/16/2024 $0.699 134,306 $0.70 $0.7468 $0.66
01/12/2024 $0.7113 103,463 $0.745 $0.75 $0.692
01/11/2024 $0.7401 92,842 $0.769 $0.7699 $0.727
01/10/2024 $0.7649 80,534 $0.78 $0.79 $0.755
01/09/2024 $0.7887 94,803 $0.84 $0.84 $0.78
01/08/2024 $0.83 110,823 $0.795 $0.8922 $0.785
01/05/2024 $0.7997 83,183 $0.77 $0.7999 $0.77
01/04/2024 $0.79 153,167 $0.816 $0.8211 $0.76
01/03/2024 $0.7749 138,352 $0.82 $0.8255 $0.7522
01/02/2024 $0.814 127,755 $0.88 $0.88 $0.786
12/29/2023 $0.8599 98,786 $0.93 $0.93 $0.85
12/28/2023 $0.9173 114,604 $0.95 $0.96 $0.91
12/27/2023 $0.94 81,889 $0.86 $0.944 $0.854
12/26/2023 $0.8701 63,241 $0.86 $0.88 $0.83
12/22/2023 $0.8426 88,212 $0.8328 $0.85 $0.821
12/21/2023 $0.8475 98,204 $0.86 $0.92 $0.825
12/20/2023 $0.8651 78,193 $0.85 $0.875 $0.84
12/19/2023 $0.869 129,291 $0.88 $0.8899 $0.84
12/18/2023 $0.8887 95,902 $0.89 $0.9099 $0.865
12/15/2023 $0.89 85,971 $0.96 $0.97 $0.885
12/14/2023 $0.95 76,345 $0.93 $1.00 $0.91
12/13/2023 $0.93 76,309 $0.90 $0.945 $0.88
12/12/2023 $0.9045 113,732 $0.955 $0.955 $0.90
12/11/2023 $0.9502 46,255 $0.9601 $0.97 $0.9501
12/08/2023 $0.9607 92,215 $0.97 $0.97 $0.95

All Nasdaq-listed companies must maintain compliance with the bid price rule, which requires a company's bid price to remain at or above $1 per share. If a company's bid price drops below $1 for 30 consecutive days or more, it receives a deficiency notice from Nasdaq and has 180 days to cure the deficiency.Jul 10, 2024

Under certain circumstances, to ensure that the company can sustain long-term compliance, Nasdaq may require the closing bid price to equal or to exceed the $1.00 minimum bid price requirement for more than 10 consecutive business days before determining that a company complies

If a Company listed on the Capital Market is not deemed in compliance before the expiration of the 180 day compliance period, it will be afforded an additional 180 day compliance period, provided that on the 180th day of the first compliance period it meets the applicable market value of publicly held shares

https://hselaw.com/news-and-information/legalcurrents/proposed-nasdaq-rule-could-narrow-options-for-companies-with-1-bid-price-deficiency/#:~:text=All%20Nasdaq%2Dlisted%20companies%20must,days%20to%20cure%20the%20deficiency.