Aterian Receives Extension To Regain Compliance With Nasdaq Minimum Bid Price Rule
Portfolio Pulse from Benzinga Newsdesk
Aterian Inc. has received an extension from Nasdaq to regain compliance with the minimum bid price rule. The company now has until August 9, 2022, to meet the requirement.
October 24, 2023 | 8:53 pm
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Aterian has been granted an extension by Nasdaq to regain compliance with the minimum bid price rule. This could potentially provide some stability to the stock in the short term.
The extension granted by Nasdaq allows Aterian more time to regain compliance with the minimum bid price rule. This could potentially reduce the immediate pressure on the stock and provide some short-term stability. However, the company's ability to meet the requirement by the new deadline will be crucial for its continued listing.
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