regulatory
confidence high
sentiment negative
materiality 0.75
TPI Composites receives Nasdaq deficiency notice for bid price below $1; 180 days to comply
TPI COMPOSITES, INC
- Closing bid price below $1.00 for 30 consecutive business days triggers Nasdaq deficiency letter.
- Company has until October 29, 2025 to regain compliance with minimum $1.00 bid price.
- If non-compliant by deadline, Nasdaq may delist; company can appeal or consider reverse stock split.
- Common stock continues trading on Nasdaq under symbol TPIC during cure period.