Cemtrex receives Nasdaq delisting notice for bid price below $1.00 for 30 days

CEMTREX INC

Received Nasdaq deficiency letter on June 14, 2024; bid price below $1.00 for 30 consecutive trading days.
Must regain compliance by Dec 11, 2024 via $1.00 close for 10 consecutive business days.
May qualify for second 180-day compliance period if meets market value and other standards.
Company plans to monitor bid price and consider options, including reverse stock split.
Required to publicly disclose by June 21, 2024.

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