ZeroStack Corp. (ZSTK): Nasdaq/NYSE listing notice — 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.

Key facts

Extracted from this filing and checked against the source text.

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

ZeroStack Corp. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

February 25, 2025, Flora Growth Corp. a corporation organized under the laws of the Province of Ontario ( the " Company ") received a notice (the " Notice ") from the Listing Qualifications Department (the " Staff ") of the Nasdaq Stock Market (" Nasdaq ") stating that for 30 consecutive business days the Company's common shares (the " Common Shares ") did not maintain a minimum closing bid price of $1.00 per share (" Minimum Bid Price Requirement ") as required for continued listing under Listing Rule 5550(a)(2). The Notice has no immediate effect on the listing of the Common Shares. In acco

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ZeroStack Corp. filing history →

Source: SEC EDGAR

accession 0001062993-25-003920

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