YUNHONG GREEN CTI LTD. (YHGJ): Nasdaq/NYSE listing notice — Nasdaq grants Yunhong Green CTI second 180-day grace period until Oct 19, 2025 to regain $1.00 bid price
YUNHONG GREEN CTI LTD.
Company received initial deficiency notice on Oct 21, 2024 for failing minimum bid price for 30 consecutive business days.
First compliance period expired April 21, 2025; company did not regain compliance.
Second 180-day period granted by Nasdaq, ending October 19, 2025.
To comply, common stock must close at $1.00 or higher for at least 10 consecutive business days.
If compliance not achieved, company intends to effect a reverse stock split.
YUNHONG GREEN CTI LTD. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).
Exchange
nasdaq
Notice
deficiency notice
Deficiency
minimum bid price
Rules
5550(a)(2)
Exact text from the filing
October 21, 2024, Yunhong Green CTI Ltd. (“CTI” or the “Company”), received written notice (the “Notice”) from The Nasdaq Capital Market (“Nasdaq”) stating that the Company was not in compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”) because the Company’s common stock failed to maintain a minimum closing bid price of $1.00 for 30 consecutive business days. The Notice has no immediate effect on the Nasdaq listing or trading of the Company’s common stock. The Notice provided an initial 180 calendar day period, or until April 21, 2025, in which to regain compliance, pu
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