regulatory
confidence high
sentiment negative
materiality 0.75
Oblong gets 180-day Nasdaq extension to meet $1.00 bid price by Feb 13, 2023
TaoWeave, Inc.
- Nasdaq granted a 180-day extension until Feb 13, 2023 to regain minimum bid price compliance.
- Stock must close at $1.00+ for 10 consecutive business days to regain compliance.
- If not compliant by deadline, Nasdaq will issue delisting notice; company may appeal.
- No immediate effect on listing; OBLG continues trading on Nasdaq Capital Market.