AgriForce receives Nasdaq delisting notice for low bid price; sets reverse split timeline

AVAX ONE TECHNOLOGY LTD.

Nasdaq notified Co on June 24, 2024, bid price ≤$0.10 for 10 consecutive days (June 6-21).
Board approved reverse split by Aug 1; shareholder approval needed by Sep 30, effect reverse split by Oct 9.
Must maintain $1 closing bid for 10 consecutive business days by Oct 22 to regain compliance.
Failure to meet deadlines may result in delisting from Nasdaq.

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