regulatory
confidence high
sentiment positive
materiality 0.60
Beasley Broadcast regains Nasdaq minimum bid price compliance
BEASLEY BROADCAST GROUP INC
- Received Nasdaq notice on April 27, 2023 of non-compliance with $1.00 minimum bid price rule.
- On May 19, 2023, Nasdaq confirmed compliance; matter is now closed.
- No further action required; common stock (BBGI) continues trading on Nasdaq Global Market.
- Removes prior delisting risk for the Company.