regulatory
confidence high
sentiment negative
materiality 0.75
AmpliTech Group receives Nasdaq non-compliance notice for bid price below $1; 180-day cure period until March 26, 2025
AmpliTech Group, Inc.
- Closing bid price below $1.00 for 30 consecutive business days ended September 26, 2024 triggered deficiency notice.
- Company has 180 calendar days, until March 26, 2025, to regain compliance by hitting $1.00 for 10 consecutive business days.
- Notice has no immediate effect on listing or trading; company will monitor and evaluate options.
- Failure to comply by March 26, 2025 may result in additional time or potential delisting.