regulatory
confidence high
sentiment negative
materiality 0.70
STAR EQUITY HOLDINGS, INC.: Nasdaq/NYSE listing notice — Star Equity receives Nasdaq deficiency notice for bid price below $1.00
STAR EQUITY HOLDINGS, INC.
- Nasdaq notified Star Equity on Jan 19, 2023 that common stock failed minimum $1.00 bid price for 30 consecutive business days.
- Company has 180 days, until July 18, 2023, to regain compliance with a $1.00 closing bid for 10 consecutive business days.
- If not compliant by July 18, may transfer to Nasdaq Capital Market for an additional 180-day cure period.
- Company to monitor bid price and consider options including reverse stock split to regain compliance.