AppTech Payments Corp. (APCX): Nasdaq/NYSE listing notice — AppTech Payments receives Nasdaq delisting notice for bid price below $1.00

AppTech Payments Corp.

Nasdaq notified AppTech that its common stock bid price was below $1.00 for 30 consecutive business days.
Company has 180 days, until Nov 5, 2024, to regain compliance by closing at $1.00+ for 10 consecutive days.
If not compliant by Nov 5, 2024, Nasdaq may grant an additional 180-day period or delist the stock.
AppTech is considering options including a reverse stock split but 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 0.9

AppTech Payments Corp. 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

May 9, 2024, AppTech Payments Corp. (the “Company”) received a deficiency letter (the “Deficiency Letter”) from the Nasdaq Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last thirty (30) consecutive business days, the closing bid price for the Company’s common stock has been below the minimum $1.00 per share required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The Deficiency Letter has no immediate effect on the listing of the C

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AppTech Payments Corp. filing history →

Source: SEC EDGAR

accession 0001683168-24-003404

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