On Oct 9, Treasure Global Inc Got Nasdaq Notice Notifying Co That It Is No Longer In Compliance With Minimum Stockholders' Equity Requirement
Portfolio Pulse from Benzinga Newsdesk
Treasure Global Inc has received a notice from Nasdaq stating that it is no longer in compliance with the minimum stockholders' equity requirement, according to an SEC filing.
October 12, 2023 | 8:25 pm
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NEGATIVE IMPACT
Treasure Global Inc's non-compliance with Nasdaq's minimum stockholders' equity requirement could potentially lead to its delisting from the exchange.
Non-compliance with Nasdaq's minimum stockholders' equity requirement is a serious issue that could lead to the company's delisting from the exchange. This would likely negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100