regulatory
confidence high
sentiment negative
materiality 0.60
Flora Growth receives Nasdaq delisting notice for failing $1.00 minimum bid price
ZeroStack Corp.
- Nasdaq notified Flora Growth on Feb 25, 2025 of non-compliance with $1.00 minimum bid price over 30 consecutive business days.
- Company has until Aug 25, 2025 to regain compliance by closing at $1.00+ for 10 consecutive business days.
- If not compliant by deadline, may seek second 180-day cure period if other Nasdaq standards are met.
- Company says it will monitor bid price and may consider a reverse stock split or other options.