Selina Hospitality Faces Possible Nasdaq Delisting

Selina Hospitality (SLNA) has released an update.

Selina Hospitality PLC is currently facing potential delisting from The Nasdaq Stock Exchange due to non-compliance with reporting and minimum price requirements. The company has been granted an extension by the Nasdaq Hearings Panel, which will make a final decision on Selina’s listing status after a scheduled hearing. Meanwhile, Selina has proposed a compliance plan and may continue trading on Over-the-Counter markets if delisting occurs.

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