TMC the metals Co Inc. (TMC): Nasdaq/NYSE listing notice — TMC receives Nasdaq deficiency notice for bid price below $1; 9 consecutive days above

TMC the metals Co Inc.

Nasdaq notified TMC on Jan 6, 2025 that its common shares' closing bid price was below $1.00 for 34 consecutive trading days.
Company has until July 7, 2025 to regain compliance by closing at $1.00+ for at least 10 consecutive trading days.
Closing bid price has exceeded $1.00 for the nine consecutive trading days from Dec 27, 2024 through filing date.
TMC previously received similar notices in Dec 2022 and Apr 2023 and regained compliance during both grace periods.
Notice has no immediate effect on listing or trading of TMC common shares or warrants (TMCWW).

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

TMC the metals Co Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1), 5810(c)(3)(A)

Exact text from the filing

January 6, 2025, TMC the metals company Inc. (the “Company”) received a written notice from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the closing bid price of the Company’s common shares (the “Com

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TMC the metals Co Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-002593

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