Token Cat Limited Announces Receipt of Minimum Bid Price Notice From Nasdaq
Portfolio Pulse from
Token Cat Limited (NASDAQ: TC) received a notification from Nasdaq indicating its stock price has been below $1.00 for 30 consecutive business days. The company has until September 15, 2025, to regain compliance and avoid potential delisting. Token Cat is considering options like adjusting its ADS-to-share ratio to meet the minimum bid price requirement.
March 21, 2025 | 8:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The company must raise its stock price above $1.00 for 10 consecutive business days by September 15, 2025, to maintain its Nasdaq listing.
Nasdaq warning signals potential stock price volatility and investor uncertainty. The company's ability to regain compliance is uncertain, which could negatively impact stock performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Nasdaq is applying its standard listing rules, demonstrating consistent enforcement of minimum bid price requirements.
Minimal direct impact on Nasdaq itself, as this is a routine enforcement of listing rules.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 30