Blue Hat Interactive (BHAT) has received a letter from Nasdaq, notifying that the company is not in compliance with Nasdaq Listing Rule 5810, as the company’s securities had a closing bid price of 10c or less for ten consecutive trading days from January 8 through January 23. The letter indicated that, as a result, the Nasdaq staff has determined to delist the company’s ordinary shares from Nasdaq.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BHAT:
- Blue Hat Faces Nasdaq Delisting Due to Low Stock Price
- Blue Hat Secures $4.3 Million through Securities Purchase
- Blue Hat Interactive prices 77.99M shares at 5.5c in registered direct offering
- Blue Hat Interactive to Raise $3.9 Million Through Share Offering
- Blue Hat Interactive prices 55.95M shares at 7c in registered direct offering