regulatory
confidence high
sentiment negative
materiality 0.80
Conifer Holdings receives Nasdaq delisting notice for equity below $2.5M
Presurance Holdings, Inc.
- Stockholders' equity fell below $2.5M as reported in Q2 2024 Form 10-Q.
- Company has 45 days (by Sept 30, 2024) to submit a plan to regain compliance.
- No immediate impact on CNFR common stock trading on Nasdaq.
- If Nasdaq accepts plan, the Company may get up to 180-day extension to cure.
- Company intends to timely submit a compliance plan.