Blue Hat Interactive Receives Nasdaq Notification Letter About Non-Compliance With Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Blue Hat Interactive Entertainment Technology has received a notification letter from Nasdaq regarding non-compliance with the minimum bid price requirement. The company now has a period to regain compliance to avoid delisting.
September 11, 2024 | 9:05 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Blue Hat Interactive has been notified by Nasdaq for not meeting the minimum bid price requirement. The company must address this issue to avoid potential delisting.
The notification from Nasdaq indicates that BHAT's stock price has fallen below the required minimum bid price. This could lead to delisting if not addressed, likely causing short-term negative sentiment and pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100