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Bannix Acquisition Corp. Faces Nasdaq Compliance Hurdle
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Bannix Acquisition Corp. Faces Nasdaq Compliance Hurdle

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An announcement from Bannix Acquisition Corp. (BNIX) is now available.

Bannix Acquisition Corp. has been notified by Nasdaq of non-compliance with listing rules due to a delay in filing its annual report. While there’s no immediate impact on its stock listing, the company risks delisting if it doesn’t rectify the situation. They have 60 days to present a compliance plan to Nasdaq, with a possible extension of up to 180 days for filing the overdue report. The company is actively working to file the report promptly to avoid further complications and issued a press release regarding this notice.

Find detailed analytics on BNIX stock on TipRanks’ Stock Analysis page.

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