regulatory
confidence high
sentiment negative
materiality 0.55
Elite Express Holding Inc. (ETS): Nasdaq/NYSE listing notice — Elite Express receives Nasdaq extension to Oct 26, 2026 to regain $1.00 bid price compliance
Elite Express Holding Inc.
- Received Nasdaq deficiency letter on Oct 31, 2025 for failing minimum bid price of $1.00 per share.
- Granted second 180-day compliance period until Oct 26, 2026; must close at $1.00 for 10 consecutive days to cure.
- Company plans to monitor and may effect a reverse stock split, as approved by stockholders, if needed.
- Failure to regain compliance by Oct 26, 2026 will result in delisting notification.
- Trading on Nasdaq continues uninterrupted during the Second Compliance Period.