Color Star Technology (ADD) announced that on November 14, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 555 a 2.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADD:
- Color Star Technology Co Ltd trading halted, news pending
- Color Star Technology announces 100-for-1 reverse share split
- Color Star Technology Restructures Convertible Debt
- Color Star Technology Announces Major Securities Offering
- Color Star Technology regains compliance with Nasdaq minimum closing bid price