regulatory
confidence high
sentiment negative
materiality 0.70
Yunhong Green CTI (YHGJ) gets Nasdaq notice for non-compliance with $1.00 minimum bid price rule
YUNHONG GREEN CTI LTD.
- Received Nasdaq notice on Oct 21, 2024 for failing to maintain $1.00 minimum bid price for 30 consecutive business days.
- No immediate effect on listing or trading of common stock (YHGJ) on Nasdaq Capital Market.
- Has 180 calendar days, until April 21, 2025, to regain compliance by having closing bid price ≥$1.00 for 10 consecutive business days.
- Company will monitor bid price and evaluate available options to regain compliance.