$Ginkgo Bioworks (DNA.US)$ will it go bankruptcy?
$Ginkgo Bioworks(DNA.US$ will it go bankruptcy?
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Rigid Bull : Ginkgo doesn't have any debt, just cash burn. Ginkgo has shared it is trying to reduce cash burn and become cash flow positive by 2026.
Kindergarten Big BroOP Rigid Bull: Hopefully it won’t go bankruptcy. But I heard that if the stock remain below 1 for 30 consecutive trading days it will be delisting
Rigid Bull Kindergarten Big BroOP: That's true unless Ginkgo reverse stock splits.
Kindergarten Big BroOP Rigid Bull: 30days below 1 then they will get warning for the next 90 days so total 120 days for them to rise the stock back to 1 and above