- E-Home Household Services ( NASDAQ: EJH ) said Monday that it got a letter from Nasdaq notifying that company is not in compliance with the minimum bid price requirement as per certain listing rules.
- The letter is only a notification of deficiency and not a notice of delisting.
- The letter does not impact the company's listing on the Nasdaq at this time.
- Nasdaq has provided EJH 180 calendar days to regain compliance, until June 19, 2023.
- If EJH does not demonstrate compliance prior to the end of 180-day period, the company may be afforded additional 180-day calendar day to regain compliance.
- The Company intends to evaluate all available options to resolve the deficiency, including effecting a reverse stock split and regain compliance with Nasdaq.
For further details see:
E-Home Household Services gets Nasdaq listing deficiency letter