regulatory
confidence high
sentiment negative
materiality 0.75
Qualigen gets Nasdaq extension to Oct 31 to regain bid price and equity compliance
AIxCrypto Holdings, Inc.
- Nasdaq Hearings Panel granted extension until October 31, 2024 to regain compliance.
- Company non-compliant with Bid Price Rule (min $1.00) and Equity Rule (min $2.5M equity).
- If unable to demonstrate compliance by Oct 31, 2024, securities may be delisted from Nasdaq.
- CEO Michael S. Poirier signed the 8-K; hearing was held on July 16, 2024.