BIO-key International Receives Nasdaq Non-Compliance Notice
Portfolio Pulse from Benzinga Newsdesk
BIO-key International has received a non-compliance notice from Nasdaq, indicating that the company is not meeting the minimum bid price requirement. This could lead to potential delisting if the issue is not resolved.
May 24, 2024 | 8:37 pm
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BIO-key International has received a non-compliance notice from Nasdaq for not meeting the minimum bid price requirement. This could lead to potential delisting if the issue is not resolved.
The non-compliance notice from Nasdaq indicates that BIO-key International is not meeting the minimum bid price requirement, which could lead to delisting. This is a significant negative development for the stock, likely leading to a decrease in investor confidence and a drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100