Dixie Group to be delisted from Nasdaq; stock to move to OTCQB

DIXIE GROUP INC

Company chose not to appeal Nasdaq's delisting notice received September 24, 2024, over bid price non-compliance.
Nasdaq will suspend trading of DXYN at the open on October 3, 2024, and file Form 25-NSE to remove listing.
Company filed to be quoted on the OTCQB market under the same ticker DXYN, expected promptly after suspension.
Delisting results from failure to regain compliance with the minimum bid price requirement by the required date.

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