Village Farms International Received Notice From The Nasdaq That Is Not In Compliance With The Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Village Farms International (NASDAQ:VFF) has been notified by Nasdaq for non-compliance with the minimum bid price requirement, as its shares have closed below $1.00. The company has until April 16, 2025, to regain compliance.
October 18, 2024 | 10:52 pm
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Village Farms International has been notified by Nasdaq for not meeting the minimum bid price requirement, with shares closing below $1.00. The company has until April 16, 2025, to regain compliance.
The notification from Nasdaq indicates a risk of delisting if Village Farms does not meet the minimum bid price requirement. This could negatively impact investor confidence and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100