regulatory
confidence high
sentiment positive
materiality 0.55
Gevo regains Nasdaq minimum bid price compliance; delisting risk resolved
Gevo, Inc.
- Received Nasdaq notice on Sept 27, 2024 that it regained compliance with Listing Rule 5550(a)(2).
- Requirement satisfied by closing bid price at or above $1.00 for 10 consecutive business days (Sept 13-26).
- Original deficiency notice was issued on Feb 29, 2024 for failure to maintain $1.00 minimum bid price.
- Nasdaq considers the matter closed; no further action required at this time.