SRM Entertainment, Inc. ( (SRM) ) has shared an update.
On April 24, 2025, SRM Entertainment announced it received a six-month extension from Nasdaq to comply with the minimum $1 per share bid price requirement, giving the company until October 20, 2025, to meet this criterion. The extension allows SRM Entertainment to continue trading on the Nasdaq Capital Market, while the company focuses on expanding its product lines and distribution channels to drive revenue growth, which is expected to positively impact its stock price.
More about SRM Entertainment, Inc.
SRM Entertainment, Inc. designs, develops, and manufactures custom merchandise, including toys and souvenirs, for major theme parks and entertainment venues worldwide. Their products are based on popular entertainment franchises and are distributed at locations such as Walt Disney Parks, Universal Parks, and SeaWorld.
YTD Price Performance: -30.45%
Average Trading Volume: 6,125,893
Technical Sentiment Signal: Buy
Learn more about SRM stock on TipRanks’ Stock Analysis page.