Airnet Announced That It Received A Notification Letter Dated April 29, From The Listing Qualifications Department Of The NASDAQ That It Has Determined To Grant An Extension To Regain Compliance For Continued Listing
Portfolio Pulse from Benzinga Newsdesk
Airnet received a notification from NASDAQ's Listing Qualifications Department granting an extension to regain compliance for continued listing. This extension provides Airnet with additional time to meet NASDAQ's listing requirements.
May 08, 2024 | 9:04 am
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Airnet has been granted an extension by NASDAQ to regain compliance for continued listing, offering the company more time to fulfill the necessary requirements.
The extension from NASDAQ is a positive development for Airnet, as it reduces the immediate risk of delisting. This news is likely to be viewed positively by investors, as it indicates NASDAQ's willingness to allow Airnet more time to meet its listing standards, potentially improving investor confidence and supporting the stock price in the short term.
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