What is NASDAQ's compliance process for companies failing to meet the $1.00 minimum bid price requirement?
NASDAQ uses the consolidated closing bid price to determine whether a company complies...
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Type: Posts; User: homer985
What is NASDAQ's compliance process for companies failing to meet the $1.00 minimum bid price requirement?
NASDAQ uses the consolidated closing bid price to determine whether a company complies...
Looked it up, we're both correct... the 30-day after April 20, 2009 IS business days -- however both of the 180 day compliance periods are calendar days.
That extends my above days out about a...
Because with the new April 20, 2009 deadline, that will be the new start date for the clock -- which 30 days after that, means that companies under $1 will get a delisting notice on May 19, 2009....