On August 23, Applied UV Got Letter From Nasdaq That Co's Common Stock Had Not Maintained Minimum Closing Bid Price Required For Continued Listing
Portfolio Pulse from Happy Mohamed
Applied UV (AUVI) received a letter from Nasdaq stating that the company's common stock had not maintained the minimum closing bid price required for continued listing.
August 28, 2023 | 4:03 pm
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NEGATIVE IMPACT
Applied UV's stock is at risk of being delisted from Nasdaq due to not maintaining the minimum closing bid price.
The news directly impacts Applied UV as it has not maintained the minimum closing bid price required for continued listing on Nasdaq. This could lead to the company's stock being delisted, which would likely negatively impact the stock price in the short term.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100