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Collective Audience Risks Nasdaq Delisting Amid Compliance Failures

Collective Audience Risks Nasdaq Delisting Amid Compliance Failures

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The latest update is out from Collective Audience (CAUD).

Collective Audience, Inc. is facing delisting from the Nasdaq Global Market due to non-compliance with several listing requirements, including reporting obligations and minimum market value criteria. Despite having until June 19, 2024, to rectify these issues, the company failed to do so, receiving a Delisting Notice on June 24, 2024. The company intends to appeal this decision and request a stay of the suspension pending the hearing. However, there’s no guarantee the appeal will be successful or that compliance will be regained, which could significantly impact the company’s stock market performance and ability to raise funds.

Find detailed analytics on CAUD stock on TipRanks’ Stock Analysis page.

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