Abits Group Receives NASDAQ Extension By An Additional 180 Calendar Day Period For Compliance Under Its Minimum Bid Price Requirement Through April 7, 2025
Portfolio Pulse from Benzinga Newsdesk
Abits Group Inc (NASDAQ:ABTS) has received a 180-day extension from NASDAQ to comply with the minimum bid price requirement, needing its share price to be at least $1.00 for ten consecutive days by April 7, 2025.
October 11, 2024 | 12:31 pm
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Abits Group Inc has been granted an additional 180 days by NASDAQ to meet the minimum bid price requirement of $1.00 per share for ten consecutive days by April 7, 2025.
The extension provides Abits Group more time to comply with NASDAQ's listing requirements, which is crucial for maintaining its listing status. However, the immediate impact on stock price is neutral as it depends on the company's ability to improve its share price.
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