Green Giant Inc Says On Oct 2, Received A Written Notice From Nasdaq Indicating That Co Is Not In Compliance With Nasdaq Listing Rules; Intends To Submit A Plan To Regain Compliance With Rules Within Required Timeframe
Portfolio Pulse from Benzinga Newsdesk
Green Giant Inc has received a notice from Nasdaq indicating that the company is not in compliance with Nasdaq listing rules. The company intends to submit a plan to regain compliance within the required timeframe.
October 04, 2023 | 7:08 pm
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Green Giant Inc's non-compliance with Nasdaq listing rules could potentially affect its stock price. The company's plan to regain compliance may stabilize the situation.
Non-compliance with Nasdaq listing rules can lead to delisting, which would negatively impact the stock price. However, Green Giant's intention to submit a plan to regain compliance may mitigate this risk.
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