LQR House Regained Compliance With Nasdaq Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
LQR House has regained compliance with the Nasdaq's minimum bid price requirement by maintaining its stock price above the $1 minimum bid price for 10 consecutive days.
December 15, 2023 | 1:54 pm
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POSITIVE IMPACT
LQR House has successfully maintained its stock price above $1 for 10 consecutive days, meeting the Nasdaq's minimum bid price requirement and avoiding potential delisting.
Regaining compliance with Nasdaq's minimum bid price requirement is a positive signal to investors and can prevent delisting. This achievement may increase investor confidence and potentially lead to a more stable or positive short term stock price movement for LQR House.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100