regulatory
confidence high
sentiment negative
materiality 0.80
MarketWise receives Nasdaq notice for non-compliance with minimum bid price requirement
MARKETWISE, INC.
- Received Nasdaq notice on Sept 24, 2024 for bid price below $1.00 for 30 consecutive business days.
- Has 180 calendar days until March 24, 2025 to regain compliance by closing bid price >= $1.00 for 10 consecutive days.
- May be eligible for additional 180-day compliance period if it transfers listing to Nasdaq Capital Market.
- Company intends to monitor bid price and consider options; no decision on response has been made yet.