Global Mofy AI Limited Announces Receipt Of Notification From Nasdaq Due To Closing Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Global Mofy AI Limited has received a notification from Nasdaq regarding its failure to meet the minimum closing bid price requirement. This could lead to potential delisting if the issue is not resolved.
September 27, 2024 | 8:35 pm
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Global Mofy AI Limited has been notified by Nasdaq for not meeting the minimum closing bid price requirement, which could lead to delisting if not addressed.
The notification from Nasdaq indicates a regulatory issue that could lead to delisting, which typically has a negative impact on stock prices. This is a significant concern for investors in GMM.
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