regulatory
confidence high
sentiment negative
materiality 0.60
Alto Ingredients receives Nasdaq bid-price deficiency notice; 180 days to cure
Alto Ingredients, Inc.
- Common stock bid price below $1.00 for 30 consecutive business days as of May 19, 2025.
- Company has 180 calendar days, until November 15, 2025, to regain compliance.
- Compliance requires closing at $1.00+ for at least 10 consecutive business days.
- If not cured by Nov 15, may qualify for additional 180-day period subject to other listing standards.
- Potential delisting if unable to cure; company may appeal to Nasdaq Hearings Panel.
item 3.01