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On February 26, 2024, ShiftPixy, Inc., a company listed on the Nasdaq Capital Market, received a notification from the Nasdaq Listing Qualifications Department indicating the company's non-compliance with the Nasdaq's Listing Rule 5550(b)(2). This rule requires ShiftPixy to maintain a Market Value of Listed Securities (MVLS) of at least $35 million. The company's failure to meet this standard also means it does not meet the alternative compliance standards set by Listing Rules 5550(b)(1) or 5550(b)(3). Despite this setback, the Nasdaq Letter does not immediately affect the listing of ShiftPixy's common stock. The company has been granted a 180-day Compliance Period to regain compliance. During this period, if ShiftPixy's MVLS reaches or exceeds $35 million for at least ten consecutive business days, Nasdaq will confirm the company's compliance and close the matter. Failure to comply within the allotted time may lead to delisting, although ShiftPixy would have the right to appeal such a decision to the Nasdaq Hearings Panel.
On February 26, 2024, ShiftPixy, Inc., a company listed on the Nasdaq Capital Market, received a notification from the Nasdaq Listing Qualifications Department indicating the company's non-compliance with the Nasdaq's Listing Rule 5550(b)(2). This rule requires ShiftPixy to maintain a Market Value of Listed Securities (MVLS) of at least $35 million. The company's failure to meet this standard also means it does not meet the alternative compliance standards set by Listing Rules 5550(b)(1) or 5550(b)(3). Despite this setback, the Nasdaq Letter does not immediately affect the listing of ShiftPixy's common stock. The company has been granted a 180-day Compliance Period to regain compliance. During this period, if ShiftPixy's MVLS reaches or exceeds $35 million for at least ten consecutive business days, Nasdaq will confirm the company's compliance and close the matter. Failure to comply within the allotted time may lead to delisting, although ShiftPixy would have the right to appeal such a decision to the Nasdaq Hearings Panel.
2024年2月26日，在纳斯达克资本市场上市的公司ShiftPixy, Inc. 收到纳斯达克上市资格部门的通知，表明该公司未遵守纳斯达克的上市规则5550 (b) (2)。该规则要求ShiftPixy将上市证券的市值（MVLS）维持在至少3500万美元。该公司未能达到该标准也意味着它不符合《上市规则》第5550（b）（1）或5550（b）（3）条规定的替代合规标准。尽管遇到了挫折，但纳斯达克信函并未立即影响ShiftPixy普通股的上市。该公司被授予180天的合规期以恢复合规性。在此期间，如果ShiftPixy的MVLS连续至少十个工作日达到或超过3500万美元，纳斯达克将确认该公司的合规性并结案。尽管ShiftPixy有权就此类决定向纳斯达克听证小组提出上诉，但未能在规定的时间内遵守规定可能会导致除名。
2024年2月26日，在纳斯达克资本市场上市的公司ShiftPixy, Inc. 收到纳斯达克上市资格部门的通知，表明该公司未遵守纳斯达克的上市规则5550 (b) (2)。该规则要求ShiftPixy将上市证券的市值（MVLS）维持在至少3500万美元。该公司未能达到该标准也意味着它不符合《上市规则》第5550（b）（1）或5550（b）（3）条规定的替代合规标准。尽管遇到了挫折，但纳斯达克信函并未立即影响ShiftPixy普通股的上市。该公司被授予180天的合规期以恢复合规性。在此期间，如果ShiftPixy的MVLS连续至少十个工作日达到或超过3500万美元，纳斯达克将确认该公司的合规性并结案。尽管ShiftPixy有权就此类决定向纳斯达克听证小组提出上诉，但未能在规定的时间内遵守规定可能会导致除名。
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