As with many others, this will need the $1 for compliance issues, some achieve it and some get reversed. With this tiny structure, I think this one has a good shot.
According to this press I looked at, they have over a month to comply ...
NASDAQ Grants Eightco’s Request for Continued Listing on The Nasdaq Capital Market (yahoo.com) is pleased to announce that a Hearings Panel of the Nasdaq Stock Market has granted the Company’s request for continued listing on The Nasdaq Capital Market, subject to the Company meeting certain conditions by August 23, 2024. These conditions include requiring the closing bid price of the Company’s common stock to equal or exceed $1.00 per share for a minimum of ten (10) consecutive trading sessions.
OCTO .49
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