PS International Group Received A Delinquency Notification Letter From The Listing Qualifications Department Of The Nasdaq Stock Market
Portfolio Pulse from Benzinga Newsdesk
PS International Group Ltd. (NASDAQ:PSIG) received a delinquency notification from Nasdaq for not meeting the minimum bid price requirement. The company's stock has been below $1.00 for 30 consecutive days, and it has until April 28, 2025, to regain compliance.
November 01, 2024 | 3:02 pm
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PS International Group Ltd. received a notification from Nasdaq for failing to meet the minimum bid price requirement of $1.00. The company has 180 days to regain compliance.
The notification indicates a risk of delisting if PSIG does not meet the minimum bid price requirement within 180 days. This could negatively impact investor confidence and the stock price in the short term.
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