Nasdaq flags Energys Group bid price below USD 1.00 for 30 straight sessions

Reuters
Mar 20
Nasdaq flags Energys Group bid price below USD 1.00 for 30 straight sessions
  • Nasdaq notified Energys Group that its ordinary shares failed to meet the $1 minimum bid price requirement under Listing Rule 5550(a)(2) after trading below $1 for 30 consecutive business days.
  • The company has 180 calendar days, until September 7, 2026, to regain compliance by maintaining a closing bid price of at least $1 for 10 consecutive business days.
  • If compliance is not regained by the deadline, Nasdaq may issue a delisting notice unless Energys Group qualifies for an additional compliance period and indicates it may pursue a reverse stock split.


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