Zentek Faces Nasdaq Minimum Bid Price Issue

Zentek (TSE:ZEN) has released an update.

Zentek Ltd. has been notified by Nasdaq of non-compliance with the minimum bid price rule, as its shares traded below $1 for over a month. The company has 180 days to regain compliance, with a possible extension, and is actively seeking solutions. This deficiency notice does not affect Zentek’s business operations or its novel product development efforts.

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