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Patriot National Bancorp ( (PNBK) ) has provided an update.
Patriot National Bancorp has received an exception from the Nasdaq Listing Qualifications Department, allowing it to bypass the usual shareholder approval rules due to financial viability concerns. This exception, granted under Nasdaq Listing Rule 5635(f), indicates the company’s efforts to maintain its listing status amidst financial challenges, potentially impacting its operations and stakeholder relations.
More about Patriot National Bancorp
YTD Price Performance: -42.25%
Average Trading Volume: 1,027,871
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.29M
For detailed information about PNBK stock, go to TipRanks’ Stock Analysis page.