MDRR - Medalist Diversified REIT receives additional 180-day extension to regain compliance with Nasdaq's rules
- Medalist Diversified REIT ( NASDAQ: MDRR ) received an additional 180-day extension to regain compliance with Nasdaq's minimum bid price requirement.
- MDRR shares were trading ~3% higher pre-market.
- The Virginia-based real estate investment trust had received a deficiency letter from the stock exchange on Jul. 11 on the company's share price being below the minimum required $1.00 per share.
- The company had until Jan. 9 to regain compliance previously. It now has until Jul. 10 to regain compliance.
- Source: Press Release
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Medalist Diversified REIT receives additional 180-day extension to regain compliance with Nasdaq's rules