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AirNet Technology ( NASDAQ: ANTE ) received Nasdaq non compliance notification on October 20, 2022 regarding minimum bid price deficiency.
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The bid price for the company's ADSs had closed below the minimum $1.00/share for the last thirty consecutive business days.
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The company has been provided an initial period of 180 calendar days, or until April 18, 2023, to regain compliance.
- If the company does not regain compliance by April 18, 2023, the company may be eligible for an additional 180 calendar day period to regain compliance or may face delisting.
For further details see:
AirNet Technology receives Nasdaq notification regarding minimum bid price deficiency