Linkage Global Inc Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
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Linkage Global Inc (NASDAQ: LGCB) has received a notification from Nasdaq regarding a minimum bid price deficiency, as its stock has closed below $1 for 30 consecutive business days.
November 06, 2024 | 11:15 am
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Linkage Global Inc has been notified by Nasdaq for not meeting the minimum bid price requirement, as its stock has been below $1 for 30 consecutive days.
The notification from Nasdaq indicates that Linkage Global Inc is at risk of being delisted if it does not meet the minimum bid price requirement. This is a negative signal for investors, as it reflects potential financial instability or lack of investor confidence, likely leading to a short-term decrease in stock price.
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