regulatory
confidence high
sentiment negative
materiality 0.75
AppTech Payments receives Nasdaq deficiency notice for bid price below $1.00
AppTech Payments Corp.
- Received deficiency letter on July 13, 2022 for non-compliance with Nasdaq minimum $1.00 bid price rule.
- Has 180 calendar days, until January 9, 2023, to regain compliance.
- Compliance can be achieved if bid price closes at $1.00 or more for 10 consecutive business days.
- Company may consider a reverse stock split to regain compliance.
- No immediate effect on listing; stock continues trading on Nasdaq under APCX.