regulatory
confidence high
sentiment negative
materiality 0.70
Liberty TripAdvisor Holdings, Inc.: Nasdaq/NYSE listing notice — Liberty TripAdvisor receives Nasdaq delisting notice for LTRPA due to bid price below $1.00
Liberty TripAdvisor Holdings, Inc.
- Nasdaq notified LTRPA closing bid price below $1.00 for 30 consecutive business days, violating Minimum Bid Price Requirement.
- Company has 180 days, until June 26, 2023, to regain compliance by closing bid price >= $1.00 for 10 consecutive days.
- If not compliant by June 2023, may qualify for additional 180-day period on Nasdaq Capital Market subject to other conditions.
- Failure to cure could lead to delisting; company evaluating options, no decision made.