regulatory
confidence high
sentiment negative
materiality 0.70
Greenpro Capital receives Nasdaq deficiency notice for bid price below $1.00
Greenpro Capital Corp.
- Received Nasdaq letter on April 11, 2025 for non-compliance with minimum bid price rule.
- Closing bid price below $1.00 for 30 consecutive business days (Feb 25 – Apr 10, 2025).
- Has 180 calendar days, until October 8, 2025, to regain compliance by closing at $1.00+ for 10 days.
- May consider a reverse stock split if needed; eligible for additional 180-day period if other listing standards met.
- Common stock continues trading on Nasdaq under GRNQ; delisting possible if not cured.