Cosmos Health Inc. Granted Additional 180-Day Period by Nasdaq to Regain Compliance with Minimum Bid Price Requirement

Reuters
05-07
Cosmos Health Inc. Granted Additional 180-Day Period by Nasdaq to Regain Compliance with Minimum Bid Price Requirement

Cosmos Health Inc., a global healthcare group, has announced that it received a formal notice from the Nasdaq Stock Market LLC granting the company an additional 180-day compliance period. This extension, lasting until November 3, 2025, allows Cosmos Health more time to meet Nasdaq's minimum bid price requirement, which mandates that the closing bid price of its common stock must be at least $1.00 per share for a minimum of 10 consecutive business days. The company had initially been notified of its non-compliance with this requirement on November 6, 2024. Cosmos Health remains focused on regaining compliance and fulfilling all applicable listing requirements. CEO Greg Siokas expressed confidence in meeting the listing criteria within the extended timeframe.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cosmos Health Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9445564-en) on May 06, 2025, and is solely responsible for the information contained therein.

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