regulatory
confidence high
sentiment negative
materiality 0.60
ZW Data Action gets second Nasdaq extension to Feb 13, 2023 to cure bid price deficiency
ZW Data Action Technologies Inc.
- Received Nasdaq notice on Aug 17, 2022 granting additional 180 days until Feb 13, 2023 to cure $1.00 minimum bid price deficiency.
- Company must have closing bid price >= $1 for at least 10 consecutive business days to regain compliance.
- If not cured by Feb 13, 2023, Nasdaq will delist; company may appeal to Hearings Panel.
- Company intends to cure deficiency via reverse stock split if necessary.