regulatory
confidence high
sentiment neutral
materiality 0.50
TOMI Environmental Solutions receives Nasdaq extension to Feb 10, 2025 for bid price compliance
TOMI Environmental Solutions, Inc.
- Received deficiency letter Feb 2024 for bid price below $1.00; granted additional 180-day extension.
- New compliance date is February 10, 2025 to regain bid price requirement.
- Can regain compliance if closing bid price is $1.00+ for 10 consecutive business days before deadline.
- No immediate effect on Nasdaq listing; company monitoring and evaluating available options.