Royalty Management receives Nasdaq deficiency notice for bid price below $1.00

Royalty Management Holding Corp

Nasdaq letter dated Oct 28, 2024: stock closed below $1.00 for 31 consecutive business days.
No immediate effect on listing; company has until April 28, 2025 to regain compliance.
To cure, closing bid price must be at least $1.00 for 10 consecutive business days.
If not cured by April 28, 2025, company may qualify for an additional 180-day compliance period.
Failure to cure could lead to delisting from Nasdaq Capital Market.

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