ESGL Holdings Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency And Minimum Market Value Deficiency
Portfolio Pulse from Benzinga Newsdesk
Environmental Solutions Group Holdings Limited (NASDAQ:ESGL) has received notification from Nasdaq about its failure to meet the minimum bid price and minimum market value requirements. The company has until April 22, 2024, to regain compliance. If it fails to do so, it may face delisting, but it can apply for additional time or consider transferring to the Nasdaq Capital Market.
October 27, 2023 | 8:08 pm
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ESGL has been notified by Nasdaq about its failure to meet the minimum bid price and market value requirements. The company has until April 22, 2024, to regain compliance or it may face delisting.
ESGL's failure to meet Nasdaq's minimum bid price and market value requirements could lead to its delisting, which would negatively impact its stock price. The company has until April 22, 2024, to regain compliance, but there is no guarantee that it will be able to do so.
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