regulatory
confidence high
sentiment negative
materiality 0.70
Mobiquity Technologies, Inc. (MOBQ): Nasdaq/NYSE listing notice — Mobiquity Technologies receives Nasdaq bid-price deficiency; 180-day cure period until July 12, 2023
Mobiquity Technologies, Inc.
- Nasdaq notified Mobiquity on Jan 13, 2023 that common stock bid price closed below $1.00 for 30 consecutive days.
- Company has 180 calendar days, until July 12, 2023, to regain compliance by closing at $1.00+ for 10 consecutive business days.
- No immediate impact on listing; company may qualify for an additional 180-day grace period if it meets other Nasdaq Capital Market initial listing standards.
- Management intends to monitor bid price and consider available options to regain compliance.