regulatory
confidence high
sentiment negative
materiality 0.80
Bluejay Diagnostics, Inc. (BJDX): Nasdaq/NYSE listing notice — Bluejay Diagnostics gets Nasdaq deficiency notice for bid price below $1.00
Bluejay Diagnostics, Inc.
- Received Nasdaq letter on Oct 25, 2022 for non-compliance with minimum bid price rule (NASDAQ 5550(a)(2)).
- Closing bid price below $1.00 for 30 consecutive business days; 180-day cure period ends April 24, 2023.
- To regain compliance, bid price must close at $1.00 or higher for at least 10 consecutive business days.
- If not cured, may be eligible for additional 180 days if meeting other listing standards; otherwise subject to delisting.
- Company intends to take all reasonable measures to regain compliance but no assurance of success.