regulatory
confidence high
sentiment negative
materiality 0.70
Sow Good receives Nasdaq bid price deficiency notice; seeks reverse stock split approval
Sow Good Inc.
- Received Nasdaq letter May 14, 2025 for failing minimum $1.00 bid price for 30 consecutive business days.
- Must regain compliance by Nov 10, 2025; requires closing bid >= $1.00 for 10 consecutive business days.
- Annual meeting June 13, 2025 includes proposal to approve 1-for-3 reverse stock split to cure deficiency.
- If not compliant by deadline, may seek additional 180-day period or appeal delisting; no assurance of success.
item 3.01item 9.01