This Health-Tech Stock Jumps 40% In Pre-Market A Day Ahead Of Nasdaq Delisting And Transition To OTC
This Health-Tech Stock Jumps 40% In Pre-Market A Day Ahead Of Nasdaq Delisting And Transition To OTC
Despite the change in market listing, Dynatronics will carry on with its operations as usual. It will continue to be a reporting company under the Securities Exchange Act of 1934. The company's product range, which is widely used in physical therapy, rehabilitation, orthopedics, pain management, and athletic training, will continue to be marketed to a diverse customer base.In a significant development, Dynatronics Corporation (NASDAQ:DYNT) experienced a pre-market surge of 40% on Monday. This comes just a day before it transitions to the OTCQB Venture Market, following its delisting from Nasdaq.
Dynatronics公司（納斯達克:DYNT）週一經歷了一次重大進展，在盤前大漲40%。這是因爲該公司將在納斯達克退市後的第二天轉入OTCQb創業板市場。
What Happened: Dynatronics' stock was trading at $0.2982, marking a significant rise from its Friday close of $0.2120. The company, a leading manufacturer of physical therapy and rehabilitation products, is set to be delisted from Nasdaq due to its inability to meet the minimum bid price requirement.
發生了什麼：Dynatronics股票交易價格爲0.2982美元，較週五收盤價0.2120美元大幅上漲。該公司是一家領先的物理治療和康復產品製造商，由於無法達到最低買入價要求，將被納斯達克退市。
The Nasdaq delisting will come into effect at the market open on July 9. Subsequently, Dynatronics' common stock will commence trading on the OTCQB Venture Market. The transition will not necessitate any action from shareholders, and the ticker symbol and CUSIP number for Dynatronics' common stock will remain the same.
納斯達克的退市將於7月9日開盤時生效。隨後，Dynatronics的普通股將開始在OTCQb創業板市場上交易。轉換不需要股東採取任何行動，Dynatronics的普通股的股票代碼和CUSIP號碼將保持不變。
Despite the change in market listing, Dynatronics will carry on with its operations as usual. It will continue to be a reporting company under the Securities Exchange Act of 1934. The company's product range, which is widely used in physical therapy, rehabilitation, orthopedics, pain management, and athletic training, will continue to be marketed to a diverse customer base.
儘管市場上線有所變化，Dynatronics將繼續正常運營。它將繼續成爲《證券交易法》下的報告公司。公司的產品範圍，廣泛用於物理治療、康復、骨科、疼痛管理和運動訓練，將繼續面向多元化客戶群推銷。
The move to the OTCQB is part of Dynatronics' strategic response to the recurring issue of noncompliance with Nasdaq's listing requirements, as per a company press release statement.
根據公司新聞稿的聲明，轉入OTCQb創業板市場是Dynatronics對無法達到納斯達克上市要求的反覆問題的戰略應對之一。
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Image via Shutterstock
圖片來自shutterstock。
This story was generated using Benzinga Neuro and edited by Pooja Rajkumari
本報道使用Benzinga Neuro生成，並由Pooja Rajkumari編輯
譯文內容由第三人軟體翻譯。
