Dixie Group Received 180 Calendar Day Extension From Nasdaq To Regain Compliance With Nasdaq's Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Dixie Group has been granted a 180-day extension by Nasdaq to meet the minimum bid price requirement, according to an SEC filing. This extension provides the company additional time to comply with Nasdaq's listing standards.
March 28, 2024 | 1:57 pm
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Dixie Group has received a 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement, as per an SEC filing.
The extension is a positive development for Dixie Group, as it provides the company with additional time to work on regaining compliance with Nasdaq's listing standards. This news could be seen positively by investors, potentially leading to an increase in investor confidence and possibly the stock price in the short term.
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