regulatory
confidence high
sentiment negative
materiality 0.70
Global System Dynamics, Inc.: Nasdaq/NYSE listing notice — Global System Dynamics receives Nasdaq deficiency letter for MVLS below $35M threshold
Global System Dynamics, Inc.
- Deficiency letter dated April 5, 2023: MVLS below $35M for 30 consecutive business days.
- Company has 180 calendar days, until October 2, 2023, to regain compliance with Nasdaq Listing Rule 5550(b)(2).
- Compliance can be achieved if MVLS closes at $35M or more for 10 consecutive business days before the Compliance Date.
- Company will monitor market value and consider available options to address the deficiency.