other material
confidence high
sentiment positive
materiality 0.50
TMC regains Nasdaq minimum bid price compliance; matter closed
TMC the metals Co Inc.
- Received Nasdaq deficiency notice on Apr 19, 2023 for bid price below $1.00 for 30 consecutive days.
- Regained compliance as of June 30, 2023 after closing bid price at or above $1.00 for 10 straight days.
- Nasdaq confirmed compliance; no further action required and the matter is closed.