Quantum receives Nasdaq delisting notice for failure to meet minimum market value of publicly held shares

QUANTUM CORP /DE/

Nasdaq notified Quantum on Oct 4, 2024, that its Market Value of Publicly Held Shares was below $15M for 30 consecutive business days.
Company has 180 calendar days from notification date to regain compliance; no immediate effect on listing.
Compliance can be regained if Market Value of Publicly Held Shares closes at $15M or more for 10 consecutive business days.
The notification does not impact Quantum's business operations.

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