regulatory
confidence high
sentiment negative
materiality 0.65
Bluejay Diagnostics, Inc. (BJDX): Nasdaq/NYSE listing notice — Nasdaq grants Bluejay Diagnostics extension to Oct 23, 2023 to regain $1 bid price
Bluejay Diagnostics, Inc.
- Company received original deficiency notice on Oct 25, 2022 for bid price below $1.
- Nasdaq extended compliance deadline to Oct 23, 2023; must close at $1+ for 10 consecutive days.
- Company may implement a reverse stock split, subject to stockholder approval, to regain compliance.
- If not compliant by deadline, Nasdaq will delist the stock; appeal rights available.
- No assurance of regaining or maintaining compliance with Nasdaq listing requirements.