CEA Industries Inc. (BNC): Nasdaq/NYSE listing notice — CEA Industries receives Nasdaq deficiency notice for bid price below $1.00

CEA Industries Inc.

Nasdaq letter dated April 10, 2023, cites 30 consecutive business days of closing bid price below $1.00 per share.
Company has 180 calendar days, until October 9, 2023, to regain compliance via $1.00+ close for 10 consecutive days.
If non-compliant after that, may request additional 180 days by submitting a plan to Nasdaq.
Failure to cure could lead to delisting from Nasdaq Capital Market.
No immediate impact on listing; shares and warrants continue trading under symbols CEAD and CEADW.

Key facts

Extracted from this filing and checked against the source text.

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

CEA Industries Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

April 10, 2023, CEA Industries Inc. (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock for the 30 consecutive business day period between February 24, 2023, through April 6, 2023, the Company did not meet the minimum bid price of $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2). The letter also indicated that the Company will be provided with a compliance period of 180 calendar days

View on SEC.gov

2 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

CEA Industries Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-011833

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.