CLPS Receives Nasdaq Minimum Bid Price Notification
Portfolio Pulse from Benzinga Newsdesk
CLPS Inc. has received a notification from Nasdaq regarding its failure to meet the minimum bid price requirement. The company now has a compliance period to regain compliance with Nasdaq's listing rules.
June 14, 2024 | 12:32 pm
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CLPS Inc. has been notified by Nasdaq for not meeting the minimum bid price requirement. The company has a compliance period to regain compliance with Nasdaq's listing rules.
The notification from Nasdaq indicates that CLPS Inc. is at risk of being delisted if it does not meet the minimum bid price requirement within the compliance period. This could lead to negative sentiment among investors and potential short-term downward pressure on the stock price.
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