My company has fallen below the stockholders equity, total assets and total revenue, net income from continuing operations, publicly held shares or shareholders requirement. Will we be delisted?
Not immediately. Based on the company’s periodic public filings, NASDAQ will determine if it is still in compliance with these requirements. If NASDAQ determines that the company no longer complies with an applicable requirement, then NASDAQ will issue a letter requesting that the company submit a plan of compliance within 15 calendar days.
Not immediately. Based on the company’s periodic public filings, NASDAQ will determine if it is still in compliance with these requirements. If NASDAQ determines that the company no longer complies with an applicable requirement, then NASDAQ will issue a letter requesting that the company submit a plan of compliance within 45 calendar days.
Related Questions
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