Farmmi Receives NASDAQ Notification Regarding Minimum Bid Requirements
Farmmi received a notification from Nasdaq indicating that its Class A ordinary shares are not in compliance with the $1.00 minimum bid price requirement after closing below that threshold for 30 consecutive business days. The company has a 180-calendar day compliance period, ending February 8, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days.
Key figures
- Minimum bid price
- $1.00
- Days below minimum
- 30
- Compliance deadline
- February 8, 2027
- Compliance period days
- 180
- Consecutive days to cure
- 10
AI analysis
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