regulatory
confidence high
sentiment negative
materiality 0.70
AppTech Payments faces Nasdaq delisting hearing Jan 14, 2025 after failing minimum bid price
AppTech Payments Corp.
- Nasdaq scheduled oral hearing for Jan 14, 2025 on delisting appeal for minimum bid price non-compliance.
- Company received delisting determination Nov 6, 2024; hearing stay in effect pending Panel decision.
- Also non-compliant with minimum stockholders' equity requirement of $2.5M since Aug 2024.
- No assurance that plan will be accepted or that compliance will be regained.