regulatory
confidence high
sentiment positive
materiality 0.60
TMC regains compliance with Nasdaq minimum bid price requirement after 10-day $1.00 close
TMC the metals Co Inc.
- Received Nasdaq notice on Jan 6, 2025 that closing bid price was below $1.00 for 34 consecutive business days.
- On Jan 17, 2025, Nasdaq confirmed compliance after share price closed at $1.00 or above for ten consecutive days.
- This resolves the potential delisting issue; matter is now closed.