- ZK International Group Co ( NASDAQ: ZKIN ) has announced that the Company received a notice from the Nasdaq Stock Market LLC dated Oct. 13, 2022,
- The bid price of the Company's ordinary shares fail to maintain a minimum bid price of US$1.00 per share for the last 30 consecutive business days from August 31, 2022 to October 12, 2022.
- The Company's ordinary share will continue to be listed and trade on the Nasdaq Capital Market during this period, unaffected by the receipt of the written notice from Nasdaq.
- This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.
- Source: Press Release
For further details see:
ZK international receives nasdaq notice regarding minimum bid requirements