$SMX (Security Matters) (SMX.US)$ Come on, rise up 🚀

Devine6671 : SMX (Security - Semiconductor) PLC received a notice of violation from Nasdaq on December 11, 2024 due to failure to meet the minimum purchase price requirement of $1.00. The company's common stock traded below $1.00 for 30 consecutive trading days from October 8 to December 9, 2024.
Unlike typical cases, which allow a 180-day compliance period, SMX was ineligible due to multiple stock splits and mergers over the past two years. The company plans to require a hearing before a hearing panel to maintain its NASDAQ capital market listing eligibility. The request will suspend trading and delisting until the hearing results are out.
SMX's common stock and public warrants will continue to be listed on the NASDAQ until at least a hearing panel makes a decision. The company's closing stock price was $0.337 on December 12, 2024. There is no guarantee that the hearing panel will approve the continued listing, and there is no guarantee that SMX will meet the compliance requirements if an extension is provided