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An announcement from Collective Audience (CAUD) is now available.
Collective Audience, Inc. faces two potential compliance issues with Nasdaq’s listing requirements. Firstly, the company’s stock price has fallen below the $1 minimum bid price for over a month, risking its listing status on The Nasdaq Global Market. They have until mid-October to correct this or potentially face delisting. Secondly, the company did not file its annual report on time, and has been given a 60-day grace period to submit a plan to Nasdaq to correct this issue, with the possibility of an extension up to mid-October. If they fail to comply with these requirements, the company’s stock could be delisted from Nasdaq.
For detailed information about CAUD stock, go to TipRanks’ Stock Analysis page.