mF International Receives Nasdaq Non-Compliance Notification For Minimum Bid Price Requirement; Company Issued Notice Of Deficiency And Faces Potential Delisting
Portfolio Pulse from Benzinga Newsdesk
mF International has received a non-compliance notification from Nasdaq for not meeting the minimum bid price requirement. The company has been issued a notice of deficiency and faces potential delisting.
August 06, 2024 | 9:13 pm
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NEGATIVE IMPACT
mF International has received a non-compliance notification from Nasdaq for not meeting the minimum bid price requirement. The company has been issued a notice of deficiency and faces potential delisting.
The non-compliance notification and potential delisting are significant negative events that could lead to a decrease in investor confidence and a drop in the stock price of mF International.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100