Skycorp Solar (PN) announced that the company received a notice from Nasdaq, stating that the company’s Class A ordinary shares, par value $0.0001 per share, fail to comply with the $1.00 minimum bid price requirement for continued listing on Nasdaq in accordance with Nasdaq Listing Rule 5550 based upon the closing bid price of the Class A Ordinary Shares for the 30 consecutive business days prior to the date of the notice.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PN:
- Skycorp Solar Faces Nasdaq Compliance Challenge
- Skycorp Solar to acquire 24% equity interest in Nanjing Cesun Power for $8.7M
- Skycorp Solar Group Acquires Stake in Nanjing Cesun Power
- Skycorp Solar announces results of extraordinary general meeting
- Skycorp Solar Group Appoints New Accounting Firm Amid Strategic Oversight Enhancements
