VFF - Village Farms International Cannabis Company Back In NASDAQ's Good Graces | Benzinga
Village Farms International, Inc. (NASDAQ:VFF) has successfully navigated its way back into compliance with NASDAQ’s minimum bid price requirement. The stock exchange has confirmed that Village Farms rectified its previous listing deficiencies by maintaining a minimum closing bid price of $1.00 per share, effectively closing the chapter on this regulatory hurdle.
Journey To Compliance
This achievement follows a critical period of financial scrutiny which began when the NASDAQ granted the company a 180-day extension on October 18, 2023, to meet the minimum bid price requirement. This lifeline for VFF, allowed the company until April 15, 2024, to demonstrate its financial viability and operational strength. Throughout this period, Village Farms’ shares continued to trade on the NASDAQ Capital Market, ...