regulatory
confidence high
sentiment negative
materiality 0.55
Nocera receives Nasdaq deficiency notice for bid price below $1.00 per share
NOCERA, INC.
- Received Nasdaq letter on Sept 17, 2024 for failing Bid Price Rule (closing bid <$1.00 for 30 consecutive days).
- Has 180 calendar days, until March 17, 2025, to regain compliance by closing at $1.00+ for 10 consecutive days.
- Stock continues trading uninterrupted on Nasdaq Capital Market under symbol NCRA.
- May be eligible for an additional 180-day cure period if it meets other listing standards and notifies Nasdaq of intent to cure.
- Company may consider a reverse stock split if needed; no assurance of regaining compliance or avoiding delisting.