AirNet Technology (ANTE) has released an update.
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AirNet Technology Inc. has been notified by Nasdaq of non-compliance with its minimum bid price and market value requirements after its share price remained under $1.00 and market value fell short for 30 consecutive days. The company has until March 17, 2025, to regain compliance and can potentially extend this period if certain conditions are met. Failure to comply may lead to delisting, but the company has the right to appeal such a decision.
For further insights into ANTE stock, check out TipRanks’ Stock Analysis page.