regulatory
confidence high
sentiment negative
materiality 0.70
Sphere 3D receives Nasdaq deficiency notice for bid price below $1.00; 180 days to cure
Sphere 3D Corp.
- Received Nasdaq notice on March 6, 2025 for 30 consecutive days below $1.00 minimum bid price.
- Has 180 calendar days, until September 2, 2025, to regain compliance with Listing Rule 5550(a)(2).
- No immediate delisting; may qualify for an additional 180-day period if other standards are met.
- Company may consider a reverse stock split to remedy the bid price deficiency.
- Common shares trade on Nasdaq Capital Market under ticker ANY.