Ondas Holdings Receives Extension to Regain Compliance with Nasdaq's Minimum Bid Requirement
Portfolio Pulse from
Ondas Holdings Inc. has received a 180-day extension from Nasdaq to regain compliance with the minimum bid price requirement of $1.00. The extension was granted as Ondas meets other listing requirements and has expressed its intention to address the deficiency.
November 19, 2024 | 10:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Ondas Holdings has been granted a 180-day extension by Nasdaq to meet the minimum bid price requirement of $1.00. The company meets other listing requirements and plans to address the bid price deficiency.
The extension provides Ondas Holdings with additional time to address the minimum bid price requirement, which is crucial for maintaining its Nasdaq listing. While this news does not directly impact the stock price, it alleviates immediate delisting concerns, maintaining investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100