regulatory
confidence high
sentiment positive
materiality 0.50
Rave Restaurant Group regains Nasdaq minimum bid price compliance
RAVE RESTAURANT GROUP, INC.
- Received Nasdaq deficiency notice on June 21, 2022 for bid price below $1.00 for 30 consecutive days.
- On July 11, 2022, Nasdaq confirmed compliance after stock closed above $1.00 for ten consecutive days.
- Compliance restored; no further action required regarding the bid price rule.