Rail Vision Receives Nasdaq Notification Regarding Minimum Bid Requirements
Portfolio Pulse from Benzinga Newsdesk
Rail Vision Ltd. (NASDAQ:RVSN) received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement, as its share price has been below $1.00 for the last 30 consecutive business days.
July 26, 2024 | 8:10 pm
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Rail Vision Ltd. received a notice from Nasdaq for not meeting the minimum bid price requirement, as its share price has been below $1.00 for 30 consecutive days.
The notification from Nasdaq indicates that Rail Vision Ltd. is at risk of being delisted if it does not meet the minimum bid price requirement. This is likely to negatively impact investor sentiment and the stock price in the short term.
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