Tantech Receives Nasdaq Notification Confirming Additional 180 Calendar Day Period For Compliance Under Its Minimum Bid Price Requirement Through February 24, 2025
Portfolio Pulse from Benzinga Newsdesk
Tantech Holdings Ltd. has received a notification from Nasdaq granting an additional 180-day period to comply with the minimum bid price requirement, extending the deadline to February 24, 2025.
August 28, 2024 | 9:02 pm
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Tantech Holdings Ltd. has been granted an additional 180 days by Nasdaq to comply with the minimum bid price requirement, extending the deadline to February 24, 2025.
The extension provides Tantech with more time to meet Nasdaq's listing requirements, which is crucial for maintaining its listing status. However, the news does not directly impact the stock price in the short term as it merely extends the compliance period.
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