Alset EHome receives Nasdaq extension to Jan 16, 2023 to meet $1 bid price rule

Alset Inc.

Received Nasdaq notice of additional 180-day compliance period until Jan 16, 2023 for minimum $1 bid price.
Non-compliant since Jan 19, 2022; initial 180-day period ended July 18, 2022.
Must close at $1 or higher for at least 10 consecutive business days before Jan 16, 2023.
If fails, Nasdaq will delist; company may appeal but no assurance.
Company considering reverse stock split to cure bid price deficiency.

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