Paranovus Entertainment Technology Gets Nasdaq Noncompliance Notice on Minimum Bid Price

MT Newswires Live

07/16

Paranovus Entertainment Technology (PAVS) received a noncompliance notice from Nasdaq after the shares traded below the $1 minimum bid price for 30 straight business days.

The deadline to regain compliance is Jan. 7, Paranovus said Tuesday in a statement.

If the closing share price is $1 or more for at least 10 straight business days before the deadline, Nasdaq will send a letter to confirm compliance, the company said.

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