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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.
先進材料和納米技術公司Meta Materials Inc. 於2024年2月13日宣佈，它已恢復遵守納斯達克的最低出價要求。納斯達克此前曾於2023年3月20日通知該公司，其普通股連續30多天交易價格低於1.00美元的最低出價，違反了納斯達克上市規則5550（a）（2）。Meta Materials 最初有 180 天的時間來遵守規定，後來又延長了 180 天。但是，2023年11月27日，納斯達克決定將該公司的股票退市，此前該公司的股票連續十天交易價格在0.10美元或以下。Meta Materials對該決定提出上訴，原定於2024年2月22日舉行聽證會，但由於公司恢復合規，該聽證會後來被取消。合規消息由Meta Materials在新聞聲明中發佈，該公司將繼續在納斯達克股票市場上交易。
先進材料和納米技術公司Meta Materials Inc. 於2024年2月13日宣佈，它已恢復遵守納斯達克的最低出價要求。納斯達克此前曾於2023年3月20日通知該公司，其普通股連續30多天交易價格低於1.00美元的最低出價，違反了納斯達克上市規則5550（a）（2）。Meta Materials 最初有 180 天的時間來遵守規定，後來又延長了 180 天。但是，2023年11月27日，納斯達克決定將該公司的股票退市，此前該公司的股票連續十天交易價格在0.10美元或以下。Meta Materials對該決定提出上訴，原定於2024年2月22日舉行聽證會，但由於公司恢復合規，該聽證會後來被取消。合規消息由Meta Materials在新聞聲明中發佈，該公司將繼續在納斯達克股票市場上交易。
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