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ParaZero Technologies Ltd., an aerospace company specializing in drone safety systems, has received a notification from the Nasdaq Stock Market indicating non-compliance with the minimum bid price requirement. The Nasdaq Listing Rule 5550(a)(2) mandates a minimum bid price of $1.00 per share, which ParaZero has fallen below. The company has until August 6, 2024, to regain compliance, which can be achieved if its shares maintain a closing bid price of at least $1.00 for ten consecutive business days. If ParaZero fails to meet the requirement within the initial 180-day period, it may be eligible for an additional 180 days if it meets other initial listing standards, except for the minimum bid price. The notice does not immediately affect ParaZero's listing or share trading on Nasdaq. The company, founded in 2014, is known for its autonomous parachute safety systems for drones and urban air mobility aircraft. The press release also contains forward-looking statements regarding efforts to regain compliance with Nasdaq's listing requirements.
ParaZero Technologies Ltd., an aerospace company specializing in drone safety systems, has received a notification from the Nasdaq Stock Market indicating non-compliance with the minimum bid price requirement. The Nasdaq Listing Rule 5550(a)(2) mandates a minimum bid price of $1.00 per share, which ParaZero has fallen below. The company has until August 6, 2024, to regain compliance, which can be achieved if its shares maintain a closing bid price of at least $1.00 for ten consecutive business days. If ParaZero fails to meet the requirement within the initial 180-day period, it may be eligible for an additional 180 days if it meets other initial listing standards, except for the minimum bid price. The notice does not immediately affect ParaZero's listing or share trading on Nasdaq. The company, founded in 2014, is known for its autonomous parachute safety systems for drones and urban air mobility aircraft. The press release also contains forward-looking statements regarding efforts to regain compliance with Nasdaq's listing requirements.
ドローン安全システムに特化した航空宇宙企業ParaZero Technologies Ltd.は、最低買気配価格要件の遵守に関するNasdaq Stock Marketからの通知を受け取りました。Nasdaq Listing Rule 5550(a)(2)は、株式当たり1ドルの最低買気配価格を求めていますが、ParaZeroはそれを下回っています。同社は、株価が10連続の営業日にわたって1ドル以上を維持すれば、2024年8月6日までに遵守要件を回復させることができます。初期の180日間に要件を満たせない場合、ParaZeroは、最低買気配価格以外の上場基準を満たしていれば、追加の180日間の資...すべて展開
ドローン安全システムに特化した航空宇宙企業ParaZero Technologies Ltd.は、最低買気配価格要件の遵守に関するNasdaq Stock Marketからの通知を受け取りました。Nasdaq Listing Rule 5550(a)(2)は、株式当たり1ドルの最低買気配価格を求めていますが、ParaZeroはそれを下回っています。同社は、株価が10連続の営業日にわたって1ドル以上を維持すれば、2024年8月6日までに遵守要件を回復させることができます。初期の180日間に要件を満たせない場合、ParaZeroは、最低買気配価格以外の上場基準を満たしていれば、追加の180日間の資格を得ることができます。この通知によってParaZeroの上場やNasdaqでの株式取引にすぐに影響はありません。同社は、2014年に創業し、ドローンや都市型空気移動機の自律型パラシュート安全システムで知られています。このプレスリリースには、Nasdaqの上場要件を回復する努力に関する前向きな声明も含まれています。
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