regulatory
confidence high
sentiment neutral
materiality 0.60
Twin Vee gets Nasdaq extension to May 5, 2025 for bid price compliance
Twin Vee PowerCats, Co.
- Nasdaq granted 180-day extension after company missed initial Nov 6 deadline.
- Must close at $1.00+ for 10 consecutive business days by May 5, 2025.
- Company evaluating options including a reverse stock split.
- If not compliant by May 5, 2025, Nasdaq will issue delisting notice.
- Trading on Nasdaq under symbol VEEE continues uninterrupted.