regulatory
confidence high
sentiment negative
materiality 0.95
Creatd receives delisting notice from Nasdaq; trading suspended Sept 7, 2022
Creatd, Inc.
- Nasdaq Hearings Panel determined to delist common stock for failure to comply with Rule 5550(b)(1) due to shareholder equity deficit as of June 30, 2022.
- Trading suspension effective at opening on September 7, 2022; stock and warrants to move to OTC Markets.
- Company intends to appeal the delisting determination within the 15-day period to the Nasdaq Listing and Hearing Review Council.
- Previous non-compliance with market value of listed securities requirement (Rule 5550(b)(2)) was already disclosed while under a Panel Monitor.