Village Farms International, Inc. (VFF): Nasdaq/NYSE listing notice — Village Farms granted 180-day extension to meet Nasdaq $1.00 bid price by April 15, 2024

Village Farms International, Inc.

Received Nasdaq approval for 180-day extension until April 15, 2024 to regain compliance with minimum bid price of $1.00 per share.
Common shares continue trading on Nasdaq Capital Market during extension period.
If bid price closes at or above $1.00 for 10 consecutive business days before April 15, 2024, compliance regained automatically.
Failure to regain compliance by April 15, 2024 may lead to delisting; company can request a Hearing Panel review.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Village Farms International, Inc. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: extension granted
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

October 18, 2023, the Company received notification from Nasdaq that Nasdaq has approved the Company’s request for a 180-calendar day extension (the “ Extension ”) to regain compliance with the Minimum Bid Requirement. The Extension follows the expiration on October 17, 2023 of the initial 180-calendar day period to regain compliance with the Minimum Bid Requirement. As a result of the Extension, the Company now has until April 15, 2024 (the “ New Compliance Period ”) to regain compliance with the Minimum Bid Requirement. The Extension has no immediate effect on the listing of the Common Share

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Village Farms International, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-054034

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