Webuy Global Ltd. ( (WBUY) ) has shared an update.
Webuy Global Ltd. has received a Staff Delisting Determination from Nasdaq due to its failure to comply with the minimum bid price requirement of $1.00 per share for 30 consecutive business days, as per Listing Rule 5550(a)(2). After two compliance periods, the company’s shares are set to be suspended from trading on January 29, 2025. Webuy Global Ltd. plans to appeal this decision to a Nasdaq Hearings Panel, although there is no guarantee of regaining compliance or meeting other listing criteria.
More about Webuy Global Ltd.
YTD Price Performance: -30.46%
Average Trading Volume: 46,134,255
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.71M
See more data about WBUY stock on TipRanks’ Stock Analysis page.