Tritium DCFC Receives Nasdaq Notice Regarding Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Tritium DCFC has received a notice from Nasdaq regarding the minimum bid price requirement. The company's stock price has fallen below the minimum $1.00 per share requirement for continued listing on the Nasdaq Capital Market.
October 18, 2023 | 10:03 pm
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NEGATIVE IMPACT
Tritium DCFC's stock price has fallen below the minimum bid price requirement for continued listing on the Nasdaq Capital Market.
Falling below the minimum bid price requirement could lead to delisting from the Nasdaq Capital Market. This could negatively impact the company's stock price in the short term as it creates uncertainty among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100