Cenntro Electric Group Announces Receipt Of Extension To Regain Compliance With Nasdaq Minimum Bid Price Rule
Portfolio Pulse from Benzinga Newsdesk
Cenntro Electric Group has received an extension from Nasdaq to regain compliance with the minimum bid price rule. The company now has until August 9, 2022, to meet the requirement.
June 22, 2023 | 12:31 pm
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Cenntro Electric Group has been granted an extension to regain compliance with Nasdaq's minimum bid price rule, giving the company until August 9, 2022, to meet the requirement.
The extension provides Cenntro Electric Group with additional time to regain compliance with Nasdaq's minimum bid price rule, which may positively impact investor sentiment and potentially lead to an increase in the stock price in the short term.
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