regulatory
confidence high
sentiment negative
materiality 0.70
Aspen Group receives Nasdaq delisting notice for bid price noncompliance
ASPEN GROUP, INC.
- Company failed to maintain minimum $1.00 bid price for 30 consecutive business days.
- Grace period ends March 27, 2023; possible 180-day extension if conditions met.
- No immediate impact on listing; stock continues trading on Nasdaq Global Market.
- Aspen is evaluating options, including potential reverse stock split to cure deficiency.