XTL Biopharmaceuticals Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
Portfolio Pulse from Benzinga Newsdesk
XTL Biopharmaceuticals has received a notification from Nasdaq regarding a minimum bid price deficiency. The company's shares have been trading below the minimum $1.00 per share requirement for continued listing.
October 20, 2023 | 8:02 pm
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XTL Biopharmaceuticals has been notified by Nasdaq about its share price deficiency. This could potentially lead to delisting if not rectified.
The Nasdaq notification indicates that XTL Biopharmaceuticals' shares are trading below the minimum requirement. This could lead to the company being delisted from the exchange if the issue is not addressed, which would likely negatively impact the stock price.
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