regulatory
confidence high
sentiment negative
materiality 0.75
Glimpse Group, Inc. (GGRP): Nasdaq/NYSE listing notice — Glimpse Group receives Nasdaq deficiency notice for bid price below $1.00
Glimpse Group, Inc.
- Closing bid price below $1.00 for 30 consecutive business days triggers non-compliance letter from Nasdaq.
- Company has 180 calendar days until September 9, 2026 to regain compliance.
- Compliance can be regained if bid price closes at or above $1.00 for at least 10 consecutive business days.
- If not cured, company may get second 180-day period if it meets other listing standards and plans reverse split.
- No immediate effect on listing; shares continue trading under GGRP on Nasdaq Capital Market.