Banzai Granted Extension By Nasdaq Hearing Panel To Regain Compliance With Listing Requirements
Portfolio Pulse from Benzinga Newsdesk
Banzai has been granted an extension by the Nasdaq Hearing Panel to regain compliance with listing requirements.
October 02, 2024 | 12:34 pm
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Banzai has been granted an extension by the Nasdaq Hearing Panel to regain compliance with listing requirements, which may provide temporary relief to investors concerned about potential delisting.
The extension granted by Nasdaq allows Banzai more time to meet compliance, reducing immediate delisting risk. This is positive news for investors as it provides a window for the company to address compliance issues, potentially stabilizing the stock price in the short term.
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