Webuy Global Ltd. (WBUY) has released an update.
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Webuy Global Ltd. has been notified by Nasdaq of non-compliance with the minimum bid price requirement after its stock price remained below $1 for 30 consecutive trading days. The company now has until January 21, 2025, to rectify the situation and maintain its listing, with no immediate impact on its current Nasdaq status. Webuy is exploring options to meet the compliance criteria but there is no guarantee they will achieve this within the grace period.
For further insights into WBUY stock, check out TipRanks’ Stock Analysis page.
