BONK, INC. (BNKK): Nasdaq/NYSE listing notice — Jupiter Wellness receives Nasdaq deficiency notice for bid price below $1.00

BONK, INC.

Received Nasdaq deficiency letter on March 3, 2023 for failing to maintain minimum $1.00 bid price over 30 consecutive business days.
Has 180 calendar days, until August 30, 2023, to regain compliance by closing at $1.00+ for 10 consecutive business days.
If not compliant, may be eligible for additional 180-day period if meets other listing standards.
Failure to regain compliance could lead to delisting and trading on OTC Markets.
Company intends to monitor and evaluate options, but no assurance of compliance.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

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

BONK, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

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

Exact text from the filing

March 3, 2023, Jupiter Wellness, Inc. (the “Company”) received a deficiency letter (the “Notice”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the closing bid price of the Company’s common stock (“Common Stock”) for the last 30 consecutive business days, the Company is not currently in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Requirement”). The Notice has no i

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BONK, INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-006771

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