Knightscope Granted Extension By Nasdaq Hearings Panel To Regain Compliance With Bid Price Rule
Portfolio Pulse from Benzinga Newsdesk
Knightscope has been granted an extension by the Nasdaq Hearings Panel to regain compliance with the bid price rule.
June 05, 2024 | 1:36 pm
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NEUTRAL IMPACT
Knightscope has been granted an extension by the Nasdaq Hearings Panel to regain compliance with the bid price rule.
The extension provides Knightscope additional time to meet Nasdaq's bid price rule, which could stabilize investor sentiment in the short term. However, the impact on the stock price is neutral as it depends on the company's ability to meet the compliance requirements within the given timeframe.
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