regulatory
confidence high
sentiment negative
materiality 0.60
Yunhong CTI receives Nasdaq bid price deficiency notice; 180-day cure period expires Nov 22, 2022
YUNHONG GREEN CTI LTD.
- Nasdaq notified CTIB failed to maintain $1.00 minimum bid price from Apr 13 to May 25, 2022.
- Company has until Nov 22, 2022 to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not cured, company may qualify for an additional 180-day period if it meets other listing standards.
- Company will evaluate options including potential reverse stock split; failure may lead to delisting.