LCFY - Locafy Limited shares fall after company receives Nasdaq listing determination
2023-06-23 10:23:38 ET
- Locafy Limited ( NASDAQ: LCFY ) said on Friday that on June 21, it had received a Nasdaq notice due to its non-compliance with Nasdaq's listing rule of minimum stockholders’ equity requirement of at least $2.5M.
- LCFY shares down -11.1% .
- The company has until June 28 to request a hearing with Nasdaq, and plans to timely request one.
- LCFY's ordinary shares and warrants will continue to trade on Nasdaq under the symbols “LCFY” and “LCFYW”, respectively, at least pending the ultimate conclusion of the hearing process.
- Press Release
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Locafy Limited shares fall after company receives Nasdaq listing determination