regulatory
confidence high
sentiment negative
materiality 0.75
Iveda Solutions receives Nasdaq deficiency notice for bid price below $1.00 for 30 days
Iveda Solutions, Inc.
- Received Nasdaq notice on Oct 18, 2022 for non-compliance with minimum $1.00 bid price requirement; bid price below $1.00 for 30 consecutive trading days.
- Has 180-day compliance period until April 17, 2023 to regain compliance by closing bid price ≥$1.00 for 10 consecutive trading days.
- If not compliant by April 17, 2023, may qualify for additional 180-day period if it meets other listing requirements.
- Stock continues trading on Nasdaq Capital Market under symbol IVDA during cure period; delisting possible if not cured.