regulatory
confidence high
sentiment negative
materiality 0.65
Village Farms International, Inc. (VFF): Nasdaq/NYSE listing notice — Village Farms receives Nasdaq minimum bid price deficiency notice; has until Oct 17 to regain compliance
Village Farms International, Inc.
- Received Nasdaq notice on April 20, 2023 for minimum bid price non-compliance; common shares closed below US$1.00 from March 7 to April 19, 2023.
- Has 180 calendar days (until October 17, 2023) to regain compliance by closing at or above $1.00 for 10 consecutive business days.
- Shares continue trading on Nasdaq Capital Market during the compliance period.
- If not compliant by Oct 17, may be eligible for additional 180 days or face delisting with appeal rights.
- Company will monitor bid price and consider options but provides no assurance of regaining compliance or avoiding delisting.