SharpLink Gaming Announces Receipt From Nasdaq Regarding Minimum Bid Price Deficiency
Portfolio Pulse from Benzinga Newsdesk
SharpLink Gaming, Inc. (NASDAQ:SBET) has received a letter from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share.
July 17, 2024 | 12:35 pm
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SharpLink Gaming, Inc. has received a non-compliance notice from Nasdaq for not meeting the minimum bid price requirement of $1.00 per share.
The non-compliance notice from Nasdaq indicates that SharpLink Gaming's stock price has fallen below the required $1.00 per share minimum. This could lead to negative investor sentiment and potential delisting if the issue is not resolved, likely causing downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100