CEMTREX INC (CETX): Nasdaq/NYSE listing notice — Cemtrex common stock (CETX) faces delisting from Nasdaq; preferred stock (CETXP) gets 180-day extension

CEMTREX INC

Common stock (CETX) bid price below $1 for 30 days; failed to regain compliance by Jan 23, 2023 deadline.
Nasdaq determined delisting; suspension scheduled Feb 6 unless appeal filed; company requested hearing on Mar 16, 2023.
Series 1 preferred stock (CETXP) also non-compliant but granted additional 180 days until July 24, 2023.
Company may effect reverse stock split to cure CETX deficiency; appeal hearing stays delisting pending Panel decision.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

CEMTREX INC received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: delisting notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

daq notifying the Company that, because the closing bid price for the Company’s common stock listed on Nasdaq was below $1.00 for 30 consecutive trading days, the Company no longer met the minimum bid price requirement for continued listing on The Nasdaq Capital Market under Nasdaq Marketplace Rule 5550(a)(2), requiring a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). On July 26, 2022, the Company received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC Nasdaq notifying the Company that, it had been granted an additio

View on SEC.gov

Browse all listing & compliance notices →

CEMTREX INC filing history →

Source: SEC EDGAR

accession 0001493152-23-002993

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.