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Netcapital Inc., a company listed on The Nasdaq Capital Market, has received an extension from Nasdaq to meet the minimum bid price requirement for continued listing. The company was initially given until February 28, 2024, to comply with the $1.00 per share minimum bid price rule but failed to do so. On February 29, 2024, Netcapital was granted an additional 180 days, until August 26, 2024, to regain compliance. The extension was based on the company meeting all other listing requirements except for the bid price. Netcapital's common stock will continue to trade under the symbol 'NCPL' during this period. The company may consider a reverse stock split among other options to address the deficiency if the stock price does not meet the requirement within the extended timeframe. If Netcapital fails to comply by the deadline, it risks being delisted from The Nasdaq Capital Market.
Netcapital Inc., a company listed on The Nasdaq Capital Market, has received an extension from Nasdaq to meet the minimum bid price requirement for continued listing. The company was initially given until February 28, 2024, to comply with the $1.00 per share minimum bid price rule but failed to do so. On February 29, 2024, Netcapital was granted an additional 180 days, until August 26, 2024, to regain compliance. The extension was based on the company meeting all other listing requirements except for the bid price. Netcapital's common stock will continue to trade under the symbol 'NCPL' during this period. The company may consider a reverse stock split among other options to address the deficiency if the stock price does not meet the requirement within the extended timeframe. If Netcapital fails to comply by the deadline, it risks being delisted from The Nasdaq Capital Market.
在纳斯达克资本市场上市的公司Netcapital Inc. 已获得纳斯达克的延期，以满足继续上市的最低出价要求。该公司最初获准在2024年2月28日之前遵守每股1.00美元的最低出价规则，但未能这样做。2024年2月29日，Netcapital获准再延长180天以恢复合规，直至2024年8月26日。延期的依据是公司满足除投标价格以外的所有其他上市要求。在此期间，Netcapital的普通股将继续以'NCPL'的代码进行交易。如果股价在延长的期限内未达到要求，公司可能会考虑在其他期权中进行反向股票拆分以弥补缺口。如果Netcapital未能在截止日期之前遵守规定，就有可能从纳斯达克资本市场退市。
在纳斯达克资本市场上市的公司Netcapital Inc. 已获得纳斯达克的延期，以满足继续上市的最低出价要求。该公司最初获准在2024年2月28日之前遵守每股1.00美元的最低出价规则，但未能这样做。2024年2月29日，Netcapital获准再延长180天以恢复合规，直至2024年8月26日。延期的依据是公司满足除投标价格以外的所有其他上市要求。在此期间，Netcapital的普通股将继续以'NCPL'的代码进行交易。如果股价在延长的期限内未达到要求，公司可能会考虑在其他期权中进行反向股票拆分以弥补缺口。如果Netcapital未能在截止日期之前遵守规定，就有可能从纳斯达克资本市场退市。
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