Ucommune Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
Portfolio Pulse from Benzinga Newsdesk
Ucommune has received a notification from Nasdaq regarding a minimum bid price deficiency. The company now has 180 days to regain compliance.
July 24, 2023 | 8:02 pm
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Ucommune has been notified by Nasdaq about a minimum bid price deficiency. The company has 180 days to regain compliance, which could impact its stock price.
The Nasdaq notification indicates that Ucommune's stock price is not meeting the minimum bid price requirement. This could lead to delisting if not rectified within 180 days, which would negatively impact the stock price.
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IMPORTANCE 80
RELEVANCE 100