AmpliTech Group Received Nasdaq Notification Of Non-Compliance With Listing Rules 5550(a)(2)
Portfolio Pulse from Benzinga Newsdesk
AmpliTech Group, Inc. has received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share. This notice does not currently affect the listing or trading of the company's securities.
September 30, 2024 | 8:08 pm
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AmpliTech Group has been notified by Nasdaq for not meeting the minimum bid price requirement of $1.00 per share. This is a regulatory notice and does not currently affect the company's listing or trading status.
The notification from Nasdaq indicates a regulatory issue that could lead to delisting if not addressed. While it does not currently affect trading, it may create negative sentiment among investors, potentially impacting the stock price negatively in the short term.
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