Reported Earlier, Tim Hortons China Exclusive Operator TH International Faces Nasdaq Delisting Threat Over Minimum Bid Price
Portfolio Pulse from Benzinga Newsdesk
TH International, the exclusive operator of Tim Hortons China, faces a delisting threat from Nasdaq due to non-compliance with the minimum bid price requirement. The company has until January 15, 2025, to regain compliance or potentially face delisting.
July 26, 2024 | 5:26 am
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TH International faces a delisting threat from Nasdaq due to non-compliance with the minimum bid price requirement. The company has until January 15, 2025, to regain compliance or potentially face delisting.
The threat of delisting from Nasdaq is a significant negative event for TH International. If the company fails to meet the minimum bid price requirement by January 15, 2025, it could face delisting, which would likely lead to a decrease in investor confidence and a drop in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100