regulatory
confidence high
sentiment negative
materiality 0.75
Quantum-Si corrects compliance date for Nasdaq bid price deficiency to May 5, 2025
Quantum-Si Inc
- Nasdaq notified Quantum-Si on Nov 4, 2024 that bid price below $1.00 for 30 consecutive days.
- Original 8-K incorrectly listed compliance date as May 5, 2024; corrected to May 5, 2025.
- To regain compliance, closing bid price must be at least $1.00 for minimum of 10 consecutive business days.
- If not compliant by May 5, 2025, company may seek additional 180-day period by transferring to Nasdaq Capital Market.
- Company will consider available options but cannot assure compliance will be achieved.