CEA Industries Inc. (BNC): Nasdaq/NYSE listing notice — CEA Industries receives Nasdaq delisting notice; shares to trade OTC Pink Sheets from April 18

CEA Industries Inc.

Nasdaq will delist common stock and warrants effective April 18, 2024 due to failure to meet $1.00 minimum bid price.
Securities will trade on OTC Pink Sheets under tickers 'CEA' and 'CEADW' starting April 18.
Company continues to evaluate merger, acquisition, or dissolution alternatives; dissolution would require shareholder approval.
Company does not intend to apply for OTCQX or OTCQB tiers at this time.

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

CEA Industries Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2)).

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

Exact text from the filing

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 notice indicated that the Company may submit an update to its existing plan to regain compliance with the Listing Rule no later than October 9, 2023, and, following receipt of the update, Nasdaq would consider granting an extension of 180 calendar days to regain compliance. On Octobe

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CEA Industries Inc. filing history →

Source: SEC EDGAR

accession 0001493152-24-014235

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