regulatory
confidence high
sentiment negative
materiality 0.75
Digital Ally receives Nasdaq delisting notice for bid price below $1.00
KUSTOM ENTERTAINMENT, INC.
- Received Nasdaq notice on Dec 20, 2024, for failing to meet minimum bid price of $1.00 for 30 consecutive business days.
- Has 180-day compliance period until June 18, 2025, to regain compliance by closing at $1.00+ for 10 consecutive days.
- Failure to comply may lead to delisting; company may seek a second 180-day compliance period if eligible.
- Company is evaluating measures to remedy the deficiency but cannot assure compliance or further extension.