mF International Limited (MFI) has released an update.
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mF International Limited, a Hong Kong-based financial trading solutions provider, has been notified by Nasdaq of non-compliance with its minimum bid price rule, but this does not affect its current Nasdaq listing status. The company has until January 28, 2025, to meet the requirement of a minimum $1.00 bid price for ten consecutive days, and is considering options such as a reverse share split to regain compliance. The company’s operations remain unaffected, and they continue to focus on providing advanced trading solutions and services to their clients.
For further insights into MFI stock, check out TipRanks’ Stock Analysis page.