T Stamp Inc (IDAI): Nasdaq/NYSE listing notice — T Stamp receives Nasdaq deficiency notice for bid price below $1.00

T Stamp Inc

Received Nasdaq notice on Nov 15, 2022; common stock bid price below $1.00 for 30 consecutive days.
Company has 180 days, until May 15, 2023, to regain compliance by closing at $1.00+ for 10 business days.
If non-compliant by May 2023, may qualify for second 180-day grace period subject to other listing standards.
Company is evaluating options to regain compliance; shares trade under symbol IDAI.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

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

T Stamp Inc 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

November 15, 2022, T Stamp Inc. (the “Company”) received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that, for the last 30 consecutive business days, the bid price of its shares of Class A Common Stock, par value $0.01 per share (the “Common Shares”), had closed below $1.00 per share of Common Stock, which is the minimum required closing bid price for continued listing on Nasdaq pursuant to Listing Rule 5550(a)(2). Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 days, or until May 15, 2023, to regain compliance with the minimum bid price

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T Stamp Inc filing history →

Source: SEC EDGAR

accession 0001104659-22-120763

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