Lead Real Estate Co. Receives Notification Of Non-Compliance From Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Lead Real Estate Co., Ltd. (NASDAQ:LRE) has received a notification from Nasdaq regarding non-compliance with the minimum market value of publicly held shares requirement. This could impact the company's continued listing on the Nasdaq Global Market.
August 15, 2024 | 8:07 pm
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Lead Real Estate Co., Ltd. has been notified by Nasdaq for non-compliance with the minimum market value of publicly held shares requirement. This could affect the company's listing status on the Nasdaq Global Market.
The notification from Nasdaq indicates that LRE is not meeting the minimum market value requirement, which is critical for maintaining its listing on the Nasdaq Global Market. This could lead to a negative short-term impact on the stock price as investors react to the potential delisting risk.
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