regulatory
confidence high
sentiment negative
materiality 0.70
Creative Realities gets Nasdaq extension to April 2023 to cure bid price deficiency; may pursue reverse split
CREATIVE REALITIES, INC.
- Nasdaq notified CREX of non-compliance with $1.00 minimum bid price; initial cure period ended Oct 11, 2022.
- Granted additional 180-day grace period until April 10, 2023 to regain compliance.
- Company meets all other listing requirements; intends to consider reverse stock split if needed.
- If not cured by April 10, 2023, Nasdaq will delist; company may appeal to Hearings Panel.