KWESST Micro Systems Gets 180-Day Nasdaq Extension to Meet $1 Bid Price Requirement

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KWESST Micro Systems has received a 180-day extension from Nasdaq until May 12, 2025, to regain compliance with the minimum $1 bid price requirement. The company failed to meet this requirement during the initial compliance period ending November 12, 2024. To maintain listing, KWESST must achieve a closing bid price of $1 or above for at least 10 consecutive trading days. The company may implement a reverse share split if necessary. Currently, trading continues normally on both Nasdaq Capital Market and TSX Venture Exchange.

KWESST Micro Systems ha ricevuto un’estensione di 180 giorni da Nasdaq fino al 12 maggio 2025 per tornare in conformità con il requisito minimo del prezzo di offerta di $1. L’azienda non è riuscita a soddisfare questo requisito durante il periodo di conformità iniziale che si è concluso il 12 novembre 2024. Per mantenere la quotazione,…

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