JIADE (JDZG) Faces Nasdaq Delisting Risk After Stock Price Falls Below $1 Requirement

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JIADE (JDZG) has received a notification from Nasdaq on December 17, 2024, indicating non-compliance with the minimum bid price requirement. The company’s stock failed to maintain the required $1.00 per share minimum bid price for 30 consecutive business days from November 4 to December 16, 2024.

The company has been granted a 180-day compliance period until June 16, 2025, during which it must achieve a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. JIADE is considering various options, including a potential reverse share split, to regain compliance and avoid potential delisting.

JIADE (JDZG) ha ricevuto una notifica da Nasdaq il 17 dicembre 2024, che indica la non conformità con il requisito del prezzo minimo di offerta. Le azioni della società non sono riuscite a mantenere il prezzo minimo richiesto di $1,00 per azione per…

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