regulatory
confidence high
sentiment negative
materiality 0.60
BONK, INC. (BNKK): Nasdaq/NYSE listing notice — Safety Shot receives Nasdaq non-compliance notice for bid price below $1.00
BONK, INC.
- On Jan 2, 2025, Nasdaq notified Safety Shot that its common stock bid price was below $1.00 for 30 consecutive days.
- Company has 180 calendar days, until July 1, 2025, to regain compliance by closing at $1.00 or more for 10 consecutive business days.
- If not cured, Safety Shot may qualify for an additional 180-day period if it meets other listing standards.
- Company may consider available options including a reverse stock split to regain compliance.
- No immediate effect on listing or trading; stock continues on Nasdaq Capital Market.