NCI Granted Second Grace Period by Nasdaq for Minimum Bid Price Compliance
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Neo-Concept International Group Holdings Limited (NCI) has been granted an additional 180 days by Nasdaq to comply with the minimum bid price requirement of $1 per share.
January 08, 2025 | 2:15 pm
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Neo-Concept International Group Holdings Limited has been granted an additional 180 days by Nasdaq to comply with the minimum bid price requirement of $1 per share.
The extension provides NCI with more time to address its stock price issues, which is crucial for maintaining its Nasdaq listing. However, the immediate impact on stock price is neutral as it does not resolve the underlying issue but merely extends the deadline.
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