regulatory
confidence high
sentiment negative
materiality 0.85
Volcon receives Nasdaq delisting notice for bid price non-compliance; plans to appeal
Empery Digital Inc.
- Received Nasdaq deficiency letter on May 13, 2025 for bid price below $1.00 for 30 consecutive business days.
- Not eligible for compliance period due to cumulative reverse stock splits >=250:1 over prior two years.
- Unless appeal by May 20, 2025, trading will be delisted starting May 22, 2025.
- Company plans timely hearing request to Nasdaq's Hearings Department to stay suspension pending decision.