other material
confidence high
sentiment negative
materiality 0.65
Nasdaq notifies OPI of non-compliance with $1.00 minimum bid price rule
OFFICE PROPERTIES INCOME TRUST
- Received Nasdaq deficiency notice on March 25, 2025; common shares closed below $1.00 for 30+ consecutive business days.
- Has 180 calendar days (until Sept 22, 2025) to regain compliance by closing at $1.00 for 10 consecutive business days.
- If not compliant, may qualify for second 180-day grace period subject to meeting other listing standards.
- Company is monitoring bid price and considering options to regain compliance.