regulatory
confidence high
sentiment negative
materiality 0.65
Kubient, Inc.: Nasdaq/NYSE listing notice — Kubient receives Nasdaq deficiency notice for bid price below $1; 180-day cure until July 11, 2023
Kubient, Inc.
- Nasdaq notified Kubient on Jan 12, 2023 that its common stock failed to maintain minimum bid price of $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until July 11, 2023, to regain compliance by closing at $1.00 or more for at least 10 consecutive business days.
- Non-compliance could lead to delisting from the Nasdaq Capital Market.