regulatory
confidence high
sentiment negative
materiality 0.75
Greenpro Capital receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period until July 5, 2022
Greenpro Capital Corp.
- Received Nasdaq notice on Jan 3, 2022 due to closing bid below $1.00 for 30 consecutive business days.
- Compliance period of 180 calendar days, ending July 5, 2022, to regain bid price requirement.
- To cure, bid price must close at $1.00 or more for at least ten consecutive business days.
- If not cured, may qualify for additional 180 days if meets other listing standards and notifies intent to reverse split.
- Company is evaluating possible actions but has not yet decided on a response.