regulatory
confidence high
sentiment negative
materiality 0.75
Predictive Oncology receives Nasdaq bid price deficiency notice; has until Mar 18, 2025 to cure
Axe Compute Inc.
- Nasdaq notified on Sept 19, 2024 that POAI common stock closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until March 18, 2025, to regain compliance with minimum bid price rule.
- Compliance can be regained if bid price closes at $1.00 or above for at least 10 consecutive business days.
- If not cured by March 18, 2025, company may qualify for an additional 180-day compliance period.
- Management will monitor bid price and consider options including a reverse stock split to cure deficiency.