- The Nasdaq has sent a notice to SharpLink Gaming ( NASDAQ: SBET ) on non-compliance with the stock exchange's minimum bid price requirement for continued listing.
- The requirement needs the company to maintain a minimum bid price of $1 per share.
- The company has 180 calendar days to regain compliance until May 3, 2023.
- The company can regain compliance if at any time during the 180-day period its the closing bid price is at least $1 for a minimum of 10 consecutive business days.
- Source: Press Release
For further details see:
Nasdaq notifies SharpLink Gaming of non-compliance with minimum bid price requirement