If I made a mistake, please enlighten me. Given that the company has undergone a reverse split before, why would it not be in the realm of possibility this time.
On March 3, 2020, Genius Brands International, Inc. (the “Company”) received notification from The Nasdaq Stock Market (“Nasdaq”) that the Company has been granted an additional 180-day compliance period, or until August 31, 2020, to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq's Marketplace Rule 5550(a)(2) (the “Rule”). Nasdaq’s determination to grant i initial listing on the Nasdaq Capital Market with the exception of the bid price requirement, and the Company having provided written notice of its intention to cure the deficiency during the second compliance period, including effecting a reverse stock split if necessary.
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