BloomZ Gets Nasdaq Notification Letter That It Is Not In Compliance With Minimum Market Value Requirement
Portfolio Pulse from Benzinga Newsdesk
BloomZ has received a notification from Nasdaq indicating non-compliance with the minimum market value requirement. This could lead to potential delisting if not rectified.
September 18, 2024 | 9:32 pm
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BloomZ has been notified by Nasdaq for not meeting the minimum market value requirement, posing a risk of delisting if the issue is not resolved.
The notification from Nasdaq indicates that BloomZ is not meeting the required market value, which is a critical compliance issue. This could negatively impact investor confidence and lead to a decrease in stock price due to the risk of delisting.
CONFIDENCE 90
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