Ryvyl Notified By Nasdaq That It Has Not Regained Compliance With Rule 5550(a)(2)
Portfolio Pulse from Benzinga Newsdesk
Ryvyl has been notified by Nasdaq that it has not regained compliance with Rule 5550(a)(2), according to an SEC filing.
June 13, 2023 | 8:29 pm
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NEGATIVE IMPACT
Ryvyl has not regained compliance with Nasdaq Rule 5550(a)(2), which may lead to potential consequences for the company.
Ryvyl's failure to regain compliance with Nasdaq Rule 5550(a)(2) may result in potential consequences such as delisting or other penalties. This negative news could impact investor sentiment and lead to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100