regulatory
confidence high
sentiment negative
materiality 0.65
Energous gets Nasdaq extension to Aug 2025 to meet $1 bid price rule
Energous Corp
- Nasdaq granted 180-day extension to August 25, 2025, for minimum bid price compliance.
- Stock must close at $1.00+ for ten consecutive business days during the second period.
- Company may seek stockholder approval for a reverse stock split if needed.
- No assurance compliance will be regained; stock continues trading as WATT.