Meihua International Medical Technologies Co., Ltd. (MHUA) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Meihua International Medical Technologies Co., Ltd. has been notified by Nasdaq of non-compliance with the minimum bid price requirement, as its shares closed below $1.00 for 30 consecutive days. The company has until September 30, 2024, to meet the minimum bid price for 10 consecutive trading days to maintain its listing. Meihua is considering necessary actions to remedy the situation, including a potential reverse stock split, to avoid delisting.
For further insights into MHUA stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money