Replies to post #714 on Sidus Space Inc (SIDU)

[vcf5502]

KNGM,
Maybe you don't understand.
The company is not bid price compliant with the Nasdaq listing requirements.

It has until Sept 14th to either
1) get the share price over $1.00 or
2) file for a 6 month extension.
OR THE SYMBOL WILL BE DELISTED FROM NASDAQ

I am assuming they will file for the 6 month extension. That will give the company until 3/14/24.
If the share price is not above $1.00 on that date the only option will be to do a reverse split or get de-listed.

I have seen company's do the R/S without filing for the extension.
And no I am not short nor am I an idiot.

These are the facts of the situation.