Neo-Concept International Group Holdings Limited (NCI) has released an update.
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Neo-Concept International Group Holdings Limited (NCI), a comprehensive apparel services provider, has been notified by Nasdaq of its non-compliance with the minimum bid price rule. The company’s stock has fallen below the $1 threshold, but there will be no immediate impact on its listing, as Nasdaq has allowed a 180-day period for NCI to regain compliance. NCI is exploring options to address the deficiency and intends to meet compliance requirements within the allotted timeframe.
For further insights into NCI stock, check out TipRanks’ Stock Analysis page.