Broadway Financial Says On Sept 25, Received Written Notice From NASDAQ Notifying Co That It Is Not In Compliance With Minimum Bid Price Requirements
Portfolio Pulse from Benzinga Newsdesk
Broadway Financial has received a notice from NASDAQ stating that it is not in compliance with the minimum bid price requirements, according to an SEC filing.
September 29, 2023 | 7:49 pm
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Broadway Financial's stock may be negatively impacted due to non-compliance with NASDAQ's minimum bid price requirements.
Broadway Financial's non-compliance with NASDAQ's minimum bid price requirements could lead to a negative sentiment among investors, potentially causing a decrease in the stock price. The company may also face penalties or delisting from NASDAQ if it fails to regain compliance.
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