Nixxy, Inc. (NIXX): Nasdaq/NYSE listing notice — Recruiter.com receives Nasdaq deficiency notice for bid price below $1.00

Nixxy, Inc.

Common stock bid price below $1.00 for 30 consecutive business days as of Nov 18, 2022.
Company has until May 17, 2023 to close at $1.00 for 10 consecutive days to regain compliance.
If not cured, may qualify for 180-day extension subject to meeting other listing standards.
Potential cure includes a reverse stock split; company cannot assure compliance.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

Nixxy, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

November 18, 2022, Recruiter.com Group, Inc. (the “Company”) received a notification letter from the Nasdaq Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that the minimum bid price per share for its common stock has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company’s common stock on Nasdaq. Under Nasdaq Listing Rule 5810(c)(3)(A), the Co

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Nixxy, Inc. filing history →

Source: SEC EDGAR

accession 0001654954-22-015748

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