Summary by Moomoo AI
On January 16, 2024, Green Giant Inc., a company incorporated in Florida and listed on the NASDAQ Capital Market, received a notice from Nasdaq Listing Qualifications Staff indicating the company's non-compliance with the minimum bid price requirement for continued listing. Specifically, Green Giant's common stock had a closing bid price below the $1.00 threshold, reaching as low as $0.10 for ten consecutive trading days from December 22, 2023, to January 12, 2024. The company is now facing potential delisting unless it successfully appeals before the Nasdaq Hearing Panel by January 23, 2024. Green Giant intends to request a hearing to maintain its listing, which will delay any suspension or delisting actions until the hearing process is completed. However, there is no guarantee that the Panel will grant...Show More
