EUDA Health Holdings Limited Receives Nasdaq Notification Regarding Minimum Market Value Deficiency
Portfolio Pulse from Happy Mohamed
EUDA Health Holdings Limited has received a notice from Nasdaq stating that the company's listed securities failed to comply with the $35 million market value requirement for continued listing on the Nasdaq Capital Market. The company has been given 180 days to regain compliance. EUDA also does not meet other continued listing standards of the Nasdaq Capital Market. If the company fails to regain compliance, its listed securities may be delisted.
August 04, 2023 | 3:20 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
EUDA Health Holdings Limited is at risk of being delisted from the Nasdaq Capital Market due to non-compliance with the market value requirement and other listing standards. The company has 180 days to regain compliance.
The news directly pertains to EUDA Health Holdings Limited and its listing status on the Nasdaq Capital Market. The company's failure to meet the market value requirement and other listing standards puts it at risk of being delisted, which could negatively impact its stock price in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100