regulatory
confidence high
sentiment negative
materiality 0.75
ATIF Holdings receives Nasdaq delisting notice for bid price below $1
ATIF Holdings Ltd
- Received Nasdaq notice on Nov 26, 2024 for non-compliance with minimum $1 bid price for 30 consecutive business days.
- Has until April 14, 2025 to regain compliance; needs closing bid price >= $1 for 10 consecutive business days.
- Failure to regain compliance will result in delisting of common stock from Nasdaq.
- Company will monitor bid price and consider options, but no assurance of regaining compliance.