Farmmi Granted Nasdaq Minimum Bid Price Requirement Extension
Portfolio Pulse from Benzinga Newsdesk
Farmmi has been granted an extension by Nasdaq to meet the minimum bid price requirement, allowing the company more time to comply with listing standards.
October 23, 2024 | 12:37 pm
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Farmmi has been granted an extension by Nasdaq to meet the minimum bid price requirement, which provides the company additional time to comply with listing standards and avoid delisting.
The extension from Nasdaq is crucial for Farmmi as it allows the company more time to meet the minimum bid price requirement, which is essential to maintain its listing. This news is neutral in the short term as it does not immediately resolve the underlying issue but provides a temporary reprieve.
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