Color Star Technology (ADD) announced that on November 14, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set forth in Nasdaq Listing Rule 555 a 2.
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Read More on ADD:
- Color Star Technology Co Ltd trading halted, news pending
- Color Star Technology announces 100-for-1 reverse share split
- Color Star Technology Restructures Convertible Debt
- Color Star Technology Announces Major Securities Offering
- Color Star Technology regains compliance with Nasdaq minimum closing bid price
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
