On October 9, Alkaline Water Company Received Deficiency Letter From Listing Qualifications Department Of Nasdaq
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The Alkaline Water Company (WTER) has received a deficiency letter from the Listing Qualifications Department of Nasdaq, according to an SEC filing.
October 13, 2023 | 8:44 pm
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The Alkaline Water Company's receipt of a deficiency letter from Nasdaq could potentially lead to its delisting if the company fails to meet the required standards.
Receiving a deficiency letter from Nasdaq is a serious matter for any company. It means that the company is not meeting Nasdaq's listing standards, which could lead to its delisting. This could negatively impact the company's stock price in the short term as investors may see this as a sign of instability.
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