AGROZ INC. ANNOUNCES RECEIPT OF NASDAQ STAFF DETERMINATION AND IMPLEMENTATION OF COMPLIANCE PLAN
Agroz received a Nasdaq Staff Determination Letter stating that its securities will be delisted from the Nasdaq Capital Market due to bid price falling below $1.00 for 30 consecutive days and failure to file its annual report on Form 20-F. To appeal the determination, the company intends to request a hearing by the August 25 deadline, which will stay the suspension pending the panel's decision.
Key figures
- Reverse split ratio
- 1-for-10
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