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An update from QMMM Holdings Limited ( (QMMM) ) is now available.
QMMM Holdings Limited announced that it received a Nasdaq Minimum Bid Price Deficiency Letter on February 26, 2025, indicating that the company no longer meets the Nasdaq listing requirement of maintaining a minimum bid price of $1 per share. Nasdaq has granted QMMM Holdings a 180-day compliance period, until August 25, 2025, to meet this requirement, with the possibility of an additional 180 days if certain conditions are met. The company is exploring options to regain compliance but acknowledges there is no guarantee of success, which could lead to delisting if not resolved.
More about QMMM Holdings Limited
QMMM Holdings Limited is a digital media advertising, virtual avatar, and virtual apparel technology service provider based in Hong Kong. The company is recognized for its award-winning digital advertising and marketing production services.
YTD Price Performance: -42.22%
Average Trading Volume: 657,897
Technical Sentiment Consensus Rating: Strong Buy
See more insights into QMMM stock on TipRanks’ Stock Analysis page.