regulatory
confidence high
sentiment negative
materiality 0.75
Greenidge receives Nasdaq deficiency notice for bid price below $1.00
Greenidge Generation Holdings Inc.
- Notice from Nasdaq on April 9, 2025: stock bid price below $1.00 for 30 consecutive days.
- Company has 180 days (to Oct 6, 2025) to regain compliance by closing at $1.00+ for 10 days.
- If not cured, may transfer to Nasdaq Capital Market for additional 180-day period or face delisting.
- Company to monitor bid price and may consider reverse stock split or other remedies.
- No assurance compliance will be regained; risk of delisting if not cured.