Auddia Received A Letter From Nasdaq Notifying Co Has Been Granted An Extension To Regain Compliance With Nasdaq Listing Rule 5550(B)(1)
Portfolio Pulse from Benzinga Newsdesk
Auddia has been granted an extension by Nasdaq to regain compliance with Nasdaq Listing Rule 5550(B)(1).
July 11, 2023 | 8:04 pm
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NEUTRAL IMPACT
Auddia has received an extension from Nasdaq to regain compliance with a listing rule, which could potentially prevent delisting.
The extension granted by Nasdaq provides Auddia with additional time to regain compliance with the listing rule. This could potentially prevent the company from being delisted, which would be a negative event. However, it's uncertain at this point whether Auddia will be able to regain compliance, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100