DEFT shares stayed below the required minimum closing price.
CryptoSlate reported that DeFi Technologies missed Nasdaq's September 1 deadline. Its DEFT shares remained below one dollar and failed the required closing price streak. The company has not been delisted. Nasdaq may grant another 180 days if DeFi Technologies qualifies. The consolidation option remains unused. Without an extension the exchange could issue a delisting notice, after which the company would have the right to appeal.
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DEFT shares stayed below the required minimum closing price.
CryptoSlate reported that DeFi Technologies missed Nasdaq's September 1 deadline. Its DEFT shares remained below one dollar and failed the required closing price streak. The company has not been delisted. Nasdaq may grant another 180 days if DeFi Technologies qualifies. The consolidation option remains unused. Without an extension the exchange could issue a delisting notice, after which the company would have the right to appeal.
CryptoSlate@CryptoSlate🏛️ POLICY: DeFi Technologies missed Nasdaq’s Sept. 1 deadline with DEFT still below $1. It isn’t delisted yet. Nasdaq can grant another 180 days if the company qualifies; otherwise DEFT could receive a delisting notice and appeal.
CryptoSlate@CryptoSlate🏛️ POLICY: DeFi Technologies missed Nasdaq’s Sept. 1 deadline with DEFT still below $1. It isn’t delisted yet. Nasdaq can grant another 180 days if the company qualifies; otherwise DEFT could receive a delisting notice and appeal.
