TRKA - NEWS 2023 Forum: Community User: DIMA_Invest
As previously disclosed by the Company in a Current Report on Form 8-K filed on May 25, 2022, on May 20, 2022, the Company received a non-compliance letter from Nasdaq for its failure to maintain a minimum bid price of $1.00 per share for thirty (30) consecutive business days in accordance with Nasdaq Listing Rule 5550(a)(2) ("Minimum Bid Price Rule"). The Company was provided 180 calendar days, or until November 16, 2022, to regain compliance with the Minimum Bid Price Rule. As of November 16, 2022 the Company had not regained compliance with the Minimum Bid Price Rule. However, on November 17, 2022, the Company received a letter from Nasdaq granting the Company an additional 180 calendar days, or until May 15, 2023, to regain compliance with the Minimum Bid Price Rule.
As previously disclosed by the Company in a Current Report on Form 8-K filed on May 25, 2022, on May 20, 2022, the Company received a non-compliance letter from Nasdaq for its failure to maintain a minimum bid price of $1.00 per share for thirty (30) consecutive business days in accordance with Nasdaq Listing Rule 5550(a)(2) ("Minimum Bid Price Rule"). The Company was provided 180 calendar days, or until November 16, 2022, to regain compliance with the Minimum Bid Price Rule. As of November 16, 2022 the Company had not regained compliance with the Minimum Bid Price Rule. However, on November 17, 2022, the Company received a letter from Nasdaq granting the Company an additional 180 calendar days, or until May 15, 2023, to regain compliance with the Minimum Bid Price Rule.
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