regulatory
confidence high
sentiment negative
materiality 0.75
Sports Entertainment Gaming Global Corp (SEGG): Nasdaq/NYSE listing notice — Lottery.com receives Nasdaq delisting notice; hearing set for April 13, 2023
Sports Entertainment Gaming Global Corp
- Bid price of common stock below $1 for 30 consecutive business days; failed to file Q2 and Q3 2022 reports.
- Company appealed Nasdaq's delisting determination; hearing panel granted stay pending April 13 hearing.
- Company plans to present compliance plan and file delinquent quarterly reports; also working on amended 2021 10-K.
- Delisting could impair trading liquidity, stock price, and ability to raise capital.