regulatory
confidence high
sentiment negative
materiality 0.70
CETY receives Nasdaq deficiency notice for bid price below $1.00; 180-day cure period until May 5, 2025
Clean Energy Technologies, Inc.
- Received Nasdaq letter on Nov 5, 2024 for non-compliance with minimum bid price rule 5550(a)(2).
- Common stock continues trading on Nasdaq under CETY; no immediate delisting effect.
- Has until May 5, 2025 to regain compliance by closing at $1.00+ for 10 consecutive business days.
- If not cured, may qualify for second 180-day period if meets other listing standards and notifies intent.
- Company intends to monitor and consider all available options to cure deficiency.