other material
confidence high
sentiment negative
materiality 0.85
OMNIQ Corp. (OMQS): Nasdaq/NYSE listing notice — OmniQ receives Nasdaq delisting notice for failure to meet minimum market value; intends to appeal
OMNIQ Corp.
- August 9, 2023 notice: MVLS below $35M minimum for 30 consecutive days; given 180 days until Feb 5, 2024 to regain compliance.
- February 8, 2024 notice: Company has not regained compliance; suspension set for Feb 20, 2024 unless appeal is filed.
- Company intends to appeal to Hearings Panel by Feb 15 deadline and has paid $20,000 hearing fee.
- Appeal will stay suspension pending Hearings Panel decision; delisting risk remains.
- Ticker: OMQS; common stock currently listed on Nasdaq.