Worksport Granted Nasdaq 180-Day Extension to Regain $1 Minimum Bid Compliance
Portfolio Pulse from Benzinga Newsdesk
Worksport has been granted a 180-day extension by Nasdaq to regain compliance with the $1 minimum bid price requirement. The company plans to implement growth initiatives and product launches to enhance shareholder value.
October 17, 2024 | 8:07 pm
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Worksport has been granted a 180-day extension by Nasdaq to regain compliance with the $1 minimum bid price requirement. The company plans to implement growth initiatives and product launches to enhance shareholder value.
The extension provides Worksport with additional time to meet Nasdaq's listing requirements, which is positive for maintaining its listing status. The company's plans for growth initiatives and product launches could potentially increase investor confidence and drive the stock price up.
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