regulatory
confidence high
sentiment negative
materiality 0.80
Eightco Holdings Inc. (ORBS): Nasdaq/NYSE listing notice — Eightco gets second Nasdaq delisting notice for equity shortfall; appeals hearing May 28
Eightco Holdings Inc.
- Received second staff determination letter for failing to maintain $2,500,000 minimum stockholders' equity.
- Previously failed to regain compliance with minimum bid price rule; cure period ended March 27, 2024.
- Appeal hearing scheduled for May 28, 2024 to contest both deficiencies; trading continues pending appeal.
- Company intends to resolve deficiencies but warns no guarantee of regaining compliance or avoiding delisting.