- EQONEX ( NASDAQ: EQOS ) said it had received a from the Nasdaq that the it was not in compliance with the minimum bid price requirement of $1.00 per share.
- The closing bid price of the company's listed securities for the last 30 consecutive business days from June 7 to July 20 the Company no longer meets the minimum bid price requirement set forth in Listing Rule, it said.
- The Company has 180 calendar days, or until January 17 to regain compliance with Nasdaq.
- To regain compliance, the Company's common shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days.
For further details see:
EQONEX receives non-compliance letter from Nasdaq