TOMI Environmental Solutions, Inc. (TOMZ): Nasdaq/NYSE listing notice — TOMI receives Nasdaq deficiency notice for bid price below $1.00

TOMI Environmental Solutions, Inc.

Deficiency letter received Feb 15, 2024; closing bid price below $1.00 for 30 consecutive business days.
Initial compliance period runs through August 13, 2024 to regain Bid Price Requirement.
Must have closing bid price at least $1.00 for 10 consecutive business days to regain compliance.
Company intends to monitor bid price and evaluate available options to address deficiency.

Key facts

Extracted from this filing and checked against the source text.

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

TOMI Environmental Solutions, Inc. 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

February 15, 2024, TOMI Environmental Solutions, Inc. (the “Company”) received a deficiency letter from the Listing Qualifications Department (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that, for the preceding 30 consecutive business days, the closing bid price for the Company’s common stock, par value $0.01 per share (the “Common Stock”) was below the minimum $1.00 per share requirement for continued inclusion on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Requirement”). The notification received has no immediate effect on

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Source: SEC EDGAR

accession 0001654954-24-002073

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