GridAI Technologies Corp. received a nasdaq extension granted notice regarding minimum bid price (rules 5810(c)(3)(A)).
Exchange
nasdaq
Notice
extension granted
Deficiency
minimum bid price
Rules
5810(c)(3)(A)
Exact text from the filing
s days, the Company is not currently in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company was provided 180 days, or until March 5, 2025, to regain compliance with the Minimum Bid Price Requirement. On March 6, 2025, the Company received a letter from Nasdaq (the “Extension Notice”) advising that the Company has been granted a 180-day extension, or until Septemb
GridAI Technologies Corp. received a nasdaq noncompliance notice notice regarding shareholders (rules 5620(a)).
Exchange
nasdaq
Notice
noncompliance notice
Deficiency
shareholders
Rules
5620(a)
Exact text from the filing
January 7, 2025, a formal letter from Nasdaq notifying the Company that it did not comply with Nsadaq Listing Rule 5620(a) (the “Annual Meeting Rule”), which requires that it hold an annual meeting of shareholders within twelve months of the end of the Company’s fiscal year end. On February 21, 2025, the Company submitted to the Staff a plan of compliance which described the circumstances under which it became noncompliant with the Annual Meeting Rule and the Company’s plan with which it will regain compliance. The Staff in its letter dated March 3, 2025 determined to grant the Company an exte
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.