regulatory
confidence high
sentiment negative
materiality 0.60
Fluent, Inc. (FLNT): Nasdaq/NYSE listing notice — Fluent receives Nasdaq bid-price deficiency notice; 180-day cure period until Oct 30, 2023
Fluent, Inc.
- Nasdaq notified Fluent on May 1, 2023 that closing bid price of FLNT was below $1.00 for 30 consecutive business days.
- Company has until October 30, 2023 to regain compliance by having $1.00+ closing bid for at least 10 consecutive days.
- If not compliant by Oct 30, Fluent may be eligible for an additional 180-day cure period if it meets Nasdaq's conditions.
- Fluent says it is monitoring the bid price and considering options to regain compliance, but no assurance is given.