Thank you oh, I've noticed that there haven't been too many individuals mentioning the$30,000,000+ capital raise @ $5.50+ ( I don't have the exact Penny amount figure in front of me) that transacted a couple months ago prior to the stock being delisted.
IGC's balance sheet is clearly flush with this cash infusion, and I believe that's one of the reasons why the NYSE reconsidered their listing on the exchange.
Think about something everyone, when have you ever witnessed a stock get delisted from the New York Stock Exchange and then months later get relisted while still Trading at sub $1 per share at the time?
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