WANG & LEE GROUP, Inc. Bid Price Deficiency; No Longer Complies With The Minimum Bid Price Requirement For Continued Listing On The Nasdaq Capital Market Pursuant To The Nasdaq Listing Rule 5550(a)(2)
Portfolio Pulse from Benzinga Newsdesk
WANG & LEE GROUP, Inc. (NASDAQ:WLGS) has received a notification from The Nasdaq Stock Market LLC that it no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company's shares had fallen below $1.00 per share for 30 consecutive business days. The company has a compliance period of 180 calendar days to regain compliance. If the company fails to regain compliance, it may be eligible for additional time or its shares may be delisted.
October 25, 2023 | 7:51 pm
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WANG & LEE GROUP, Inc. (NASDAQ:WLGS) is at risk of being delisted from the Nasdaq Capital Market due to its failure to meet the minimum bid price requirement. The company has 180 days to regain compliance.
The company's shares have fallen below the minimum bid price requirement for 30 consecutive business days. This puts the company at risk of being delisted from the Nasdaq Capital Market. The company has a compliance period of 180 calendar days to regain compliance. If the company fails to regain compliance, its shares may be delisted, which could negatively impact the company's stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100