Magic Empire Global Granted Nasdaq Compliance Extension
Company Announcements

Magic Empire Global Granted Nasdaq Compliance Extension

Magic Empire Global Ltd. (MEGL) has released an update.

Magic Empire Global Limited has received an additional 180 days from Nasdaq to meet the minimum bid price requirement for continued listing, with a new deadline of February 24, 2025. The company is considering measures, including a potential reverse stock split, to comply with the listing standards but there’s no certainty of success. Delisting may occur if compliance isn’t met by the deadline, although an appeal process is available.

For further insights into MEGL stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskMagic Empire Global Ltd. Announces Key Shareholder Meeting
TipRanks Auto-Generated NewsdeskMagic Empire Global Ltd. Sees Revenue Surge Amid Rising Costs
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App