regulatory
confidence high
sentiment negative
materiality 0.75
Creatd receives Nasdaq delisting notice for failure to meet market value of listed securities
Creatd, Inc.
- Nasdaq notified Creatd on March 1, 2022 of delisting determination for non-compliance with Listing Rule 5550(b)(2) for 30 consecutive days ending Feb 25, 2022.
- Company is ineligible for 180-day cure period due to existing Panel Monitor from March 2021 to March 2022.
- Creatd is appealing to the Nasdaq Hearings Panel; delisting is stayed pending the Panel's decision.
- Company intends to present evidence of regained compliance, but no assurance of continued listing.
- Delisting notice does not immediately affect trading of common stock (CRTD) or warrants (CRTDW).