Banzai Granted Extension By Nasdaq To Regain Compliance With Listing Requirements, Must File Nasdaq Capital Market Application By October 7 And Meet Compliance By January 31, 2025
Portfolio Pulse from Benzinga Newsdesk
Banzai has been granted an extension by Nasdaq to regain compliance with listing requirements. The company must file a Nasdaq Capital Market application by October 7 and meet compliance by January 31, 2025.
October 02, 2024 | 12:37 pm
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Banzai has been given an extension by Nasdaq to meet listing requirements. The company must file a Nasdaq Capital Market application by October 7 and achieve compliance by January 31, 2025.
The extension provides Banzai with additional time to meet Nasdaq's listing requirements, which is crucial for maintaining its listing status. This news is neutral in the short term as it does not immediately affect the stock price but gives the company a chance to rectify its compliance issues.
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