regulatory
confidence high
sentiment negative
materiality 0.55
Iveda Solutions gets 180-day Nasdaq bid-price extension to Sept 23, 2024
Iveda Solutions, Inc.
- Nasdaq extended compliance period to September 23, 2024 for minimum $1.00 bid price.
- Company must achieve $1.00 closing bid for 10 consecutive days or consider reverse stock split.
- If not cured by Sept 23, 2024, Nasdaq will delist; company may appeal to Hearings Panel.
- Extension granted because Iveda meets all other continued listing requirements except bid price.