China Liberal Education Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
Portfolio Pulse from Benzinga Newsdesk
China Liberal Education Holdings Limited (CLEU) has received a notification from Nasdaq regarding a minimum bid price deficiency. The company's shares have been trading below the minimum $1.00 per share requirement for continued listing on the Nasdaq Capital Market.
September 27, 2023 | 9:10 pm
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China Liberal Education Holdings Limited (CLEU) is at risk of being delisted from the Nasdaq Capital Market due to its shares trading below the minimum $1.00 per share requirement.
The Nasdaq notification indicates that CLEU's shares are trading below the minimum bid price requirement. This puts the company at risk of being delisted, which could negatively impact the stock's liquidity and marketability. Therefore, the short-term impact on the stock price is likely to be negative.
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