PSHG - Performance Shipping gets Nasdaq bid price deficiency non-compliance notice
2023-04-21 17:17:06 ET
- Performance Shipping ( NASDAQ: PSHG ) on Friday said it had got a non-compliance notice from the Nasdaq stock market.
- The company was notified that it was not in compliance with a certain listing rule due to the closing bid price of its stock being below $1/share for 30 consecutive business days.
- The company has a grace period of 180 days to regain compliance, during which time its stock will continue to be listed and trade on the Nasdaq capital market.
- PSHG said its business operations were not affected by the notice.
For further details see:
Performance Shipping gets Nasdaq bid price deficiency non-compliance notice