Chicken Soup For The Soul Entertainment (CSSE) has released an update.
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Chicken Soup for the Soul Entertainment Inc. has been notified by Nasdaq that it’s not meeting certain listing standards, specifically regarding the minimum market value of publicly held shares and the required bid price per share. The company has been given 180 days to address these issues, with the possibility of an extension. It’s exploring strategic options to comply, including increasing its stockholder equity. Despite these compliance challenges, the company’s securities continue to trade on Nasdaq.
For further insights into CSSE stock, check out TipRanks’ Stock Analysis page.