SenesTech Receives Nasdaq Minimum Bid Price Notification and Highlights Record Third Quarter Revenue
SenesTech received a Nasdaq notice that its closing bid price has been below $1.00 for 30 consecutive business days, triggering Listing Rule 5550(a)(2). The company has 180 days, until April 19, 2027, to regain compliance, and the notice has no immediate effect on listing. Management simultaneously disclosed preliminary record Q3 revenue of roughly $1.1 million, up 40% sequentially and 55% year-over-year.
Key figures
- Revenue
- $1.1 million
- Revenue Yoy
- 55%
- Revenue qoq growth
- 40%
- Glenbrook ownership
- 38%
- Minimum bid threshold
- $1.00
- Compliance period days
- 180
- Nasdaq compliance deadline
- April 19, 2027
AI analysis
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