Extracted from this filing and checked against the source text.
Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.95
GSE SYSTEMS INC received a nasdaq compliance regained notice regarding minimum bid price (rules 5550(a)(2)).
- Exchange
- nasdaq
- Notice
- compliance regained
- Deficiency
- minimum bid price
- Rules
- 5550(a)(2)
Exact text from the filing
November 14, 2023, the Company received a letter from the Panel advising that the Nasdaq staff had determined that the Minimum Bid Price Requirement deficiency had been cured, the Company is now in compliance with all applicable Nasdaq listing standards, the Company’s stock will continue to be listed and traded on Nasdaq and the Appeal is now moot and the hearing cancelled. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GSE SYSTEMS, INC. By: /s/
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Listing & Compliance Notices
SEC 8-K Item 3.01
confidence 0.95
GSE SYSTEMS INC received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
- Exchange
- nasdaq
- Notice
- deficiency notice
- Deficiency
- minimum bid price
- Rules
- 5550(a)(2)
Exact text from the filing
November 4, 2022, GSE Systems, Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share of common stock for continued listing on Nasdaq, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). On October 31, 2023, the Company received a written a staff determination letter (the “Staff Determination”) providing that the Company had failed to establish compliance with the Minimum B
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