Paranovus Entertainment Technology Receives Notice Of Minimum Price Deficiency From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Paranovus Entertainment Technology Limited (NASDAQ:PAVS) has received a notice from Nasdaq indicating that its share price has been below the $1.00 minimum bid price requirement for 30 consecutive business days, putting it at risk of delisting.
July 23, 2024 | 8:25 pm
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Paranovus Entertainment Technology Limited has been notified by Nasdaq for not meeting the minimum bid price requirement of $1.00 for 30 consecutive business days, risking potential delisting.
The notice from Nasdaq indicates that PAVS has not met the minimum bid price requirement, which could lead to delisting if not rectified. This is likely to negatively impact investor sentiment and the stock price in the short term.
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