Webuy Receives Extension Of An Additional 180 Calendar Days, Or Until January 21, 2025, To Regain Compliance With Nasdaq's Minimum Bid Requirements
Portfolio Pulse from Benzinga Newsdesk
Webuy Global Ltd. (NASDAQ:WBUY) has received an extension of 180 days, until January 21, 2025, to comply with Nasdaq's minimum bid price requirement of $1.00 per share.
July 26, 2024 | 12:35 pm
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Webuy Global Ltd. has been granted an additional 180 days to meet Nasdaq's minimum bid price requirement of $1.00 per share, extending the deadline to January 21, 2025.
The extension provides Webuy with more time to regain compliance with Nasdaq's listing requirements, which is crucial for maintaining its listing status. However, the immediate impact on the stock price is neutral as it does not directly affect the company's operations or financial performance.
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