other material
confidence high
sentiment negative
materiality 0.75
OMNIQ delisted from NASDAQ for failing $35M market cap; now trading on OTC Pink
OMNIQ Corp.
- Stock transitioned from NASDAQ to OTC Markets effective May 7, 2024, due to not meeting $35M minimum market value requirement.
- Continues trading under same ticker OMQS on OTC Pink; shareholders need not take any action.
- Company is actively taking steps to be relisted on a national exchange; remains compliant with other regulatory guidelines.
- CEO Shai Lustgarten reaffirms commitment to transparency and uninterrupted operations.