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Meta Materials Inc., an advanced materials and nanotechnology company, announced on February 13, 2024, that it has regained compliance with the Nasdaq's minimum bid price requirement. The company had previously been notified by Nasdaq on March 20, 2023, that its common stock was trading below the $1.00 minimum bid price for over 30 consecutive days, violating Nasdaq Listing Rule 5550(a)(2). Meta Materials was initially given 180 days to comply, and later an additional 180-day extension. However, on November 27, 2023, Nasdaq decided to delist the company's stock after it traded at $0.10 or less for ten consecutive days. Meta Materials appealed this decision and a hearing was scheduled for February 22, 2024, which was later canceled as the company regained compliance. The compliance news was released in a press statement by Meta Materials, and the company will continue trading on the Nasdaq Stock Market.
Meta Materials Inc., an advanced materials and nanotechnology company, announced on February 13, 2024, that it has regained compliance with the Nasdaq's minimum bid price requirement. The company had previously been notified by Nasdaq on March 20, 2023, that its common stock was trading below the $1.00 minimum bid price for over 30 consecutive days, violating Nasdaq Listing Rule 5550(a)(2). Meta Materials was initially given 180 days to comply, and later an additional 180-day extension. However, on November 27, 2023, Nasdaq decided to delist the company's stock after it traded at $0.10 or less for ten consecutive days. Meta Materials appealed this decision and a hearing was scheduled for February 22, 2024, which was later canceled as the company regained compliance. The compliance news was released in a press statement by Meta Materials, and the company will continue trading on the Nasdaq Stock Market.
先进材料和纳米技术公司Meta Materials Inc. 于2024年2月13日宣布，它已恢复遵守纳斯达克的最低出价要求。纳斯达克此前曾于2023年3月20日通知该公司，其普通股连续30多天交易价格低于1.00美元的最低出价，违反了纳斯达克上市规则5550（a）（2）。Meta Materials 最初有 180 天的时间来遵守规定，后来又延长了 180 天。但是，2023年11月27日，纳斯达克决定将该公司的股票退市，此前该公司的股票连续十天交易价格在0.10美元或以下。Meta Materials对该决定提出上诉，原定于2024年2月22日举行听证会，但由于公司恢复合规，该听证会后来被取消。合规消息由Meta Materials在新闻声明中发布，该公司将继续在纳斯达克股票市场上交易。
先进材料和纳米技术公司Meta Materials Inc. 于2024年2月13日宣布，它已恢复遵守纳斯达克的最低出价要求。纳斯达克此前曾于2023年3月20日通知该公司，其普通股连续30多天交易价格低于1.00美元的最低出价，违反了纳斯达克上市规则5550（a）（2）。Meta Materials 最初有 180 天的时间来遵守规定，后来又延长了 180 天。但是，2023年11月27日，纳斯达克决定将该公司的股票退市，此前该公司的股票连续十天交易价格在0.10美元或以下。Meta Materials对该决定提出上诉，原定于2024年2月22日举行听证会，但由于公司恢复合规，该听证会后来被取消。合规消息由Meta Materials在新闻声明中发布，该公司将继续在纳斯达克股票市场上交易。
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