regulatory
confidence high
sentiment negative
materiality 0.65
Firsthand Technology Value Fund receives Nasdaq deficiency notice for bid price below $1 for 30 days
Firsthand Technology Value Fund, Inc.
- Received Nasdaq deficiency notice on April 27, 2023 for closing bid price below $1.00 for 30 consecutive business days.
- Has until October 24, 2023 (180 days) to regain compliance by closing at $1.00 for 10 consecutive days.
- May implement a reverse stock split if needed; stock continues to trade under symbol SVVC.
- Business operations unaffected by the notification letter.