Vicinity Motor Corp (TSE:VMC) has released an update.
Vicinity Motor Corp., a North American commercial electric vehicle supplier, has been granted an additional 180-day period by Nasdaq to meet the minimum bid price requirement for continued listing. The company must achieve a closing bid price of at least $1.00 per share for 10 consecutive business days by October 21, 2024, to maintain its listing on The Nasdaq Capital Market. Vicinity’s shares will continue to trade under the symbol ‘VEV’ as they work towards compliance.
For further insights into TSE:VMC stock, check out TipRanks’ Stock Analysis page.
