regulatory
confidence high
sentiment negative
materiality 0.75
Nasdaq panel grants Banzai extension to Jan 31 2025 but requires transfer to Capital Market
Banzai International, Inc.
- Company must apply for Nasdaq Capital Market listing by Oct 7, 2024.
- Must demonstrate compliance with bid price (Rule 5550(a)(2)), MVLS (5550(a)(5)), and equity (5550(b)(1)) by Jan 31, 2025.
- Currently violating Bid Price Rule $1.00 minimum and MVLS $50M requirement on Global Market.