Let's aim for the minimum stock price standard in the nasdaq market in the USA ๐ฅ๐
1. Period of less than 1 dollar
When the stock price remains below 1 dollar for 30 consecutive business days, you will receive a "notification" from NASDAQ.
When the stock price remains below 1 dollar for 30 consecutive business days, you will receive a "notification" from NASDAQ.
2. Grace period
After receiving the notification, the company is given a grace period of 180 calendar days. Within this period, it is necessary to return the stock price to $1 or more.
After receiving the notification, the company is given a grace period of 180 calendar days. Within this period, it is necessary to return the stock price to $1 or more.
3. Conditions for meeting the criteria
During the grace period, if the stock price maintains $1 or more for 10 consecutive business days, it is considered to meet the criteria.
During the grace period, if the stock price maintains $1 or more for 10 consecutive business days, it is considered to meet the criteria.
4. If the standard is not met
Even if the grace period ends and the stock price does not meet the standard, the company may receive a delisting notice from NASDAQ. However, under special circumstances, additional grace periods may be granted.
Even if the grace period ends and the stock price does not meet the standard, the company may receive a delisting notice from NASDAQ. However, under special circumstances, additional grace periods may be granted.
The deadline is December 24th! Hang in there โโจ
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