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Reported Earlier, Tim Hortons China Exclusive Operator TH International Faces Nasdaq Delisting Threat Over Minimum Bid Price

Reported Earlier, Tim Hortons China Exclusive Operator TH International Faces Nasdaq Delisting Threat Over Minimum Bid Price

據報道,Tim Hortons在中國的獨家運營商TH International因最低買價面臨從納斯達克退市的威脅。
Benzinga ·  07/26 01:26

If the Company is unable to regain compliance by January 15, 2025, the Company may, under certain circumstances, be eligible for an additional 180 calendar day period to demonstrate compliance with the minimum bid price requirement. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180 calendar day period, then Nasdaq will notify the Company of its determination to delist the ordinary shares, at which point the Company would have an opportunity to appeal the delisting determination to a Hearings Panel.

如果公司無法在2025年1月15日之前恢復滿足條件,則在特定情況下,公司可能有資格獲得額外的180個日曆日的期限,以證明符合最低競價價格要求。如果公司不符合第二次符合期限或在第二個180個日曆日的不符合期內未能恢復符合條件,則納斯達克將通知公司決定除牌普通股票,屆時公司將有機會向聽證會上訴這一除牌決定。

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