other material
confidence high
sentiment positive
materiality 0.55
Applied DNA regains Nasdaq minimum bid price compliance; delisting risk removed
BNB PLUS CORP.
- Received Nasdaq notice on Sept 17, 2024 that closing bid price was ≥$1.00 for 20 consecutive business days through Sept 16, 2024.
- Previously notified on July 12, 2024 of non-compliance with the $1.00 minimum bid price rule under Listing Rule 5550(a)(2).
- Regained compliance after closing bid price remained at or above $1.00 for the 20-business-day period; matter is now closed.
- No further action required; common stock (APDN) remains listed on Nasdaq Capital Market.