Rail Vision Receives Nasdaq Notification Regarding Minimum Bid Requirements
Portfolio Pulse from Happy Mohamed
Rail Vision Ltd. (NASDAQ:RVSN) has received a notice from Nasdaq for non-compliance with the minimum bid price requirement of $1.00 per share. The company has been granted a 180-day compliance period until December 4, 2023, to regain compliance.
June 09, 2023 | 8:06 pm
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Rail Vision Ltd. has received a Nasdaq notice for non-compliance with the minimum bid price requirement and has 180 days to regain compliance.
The Nasdaq notice indicates that Rail Vision Ltd. is not in compliance with the minimum bid price requirement, which may negatively impact investor sentiment and the stock price. The company has 180 days to regain compliance, but there is no assurance that it will be able to do so. This uncertainty may lead to short-term downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100