Nasdaq Notification to Neo-Concept International Regarding Minimum Bid Price Challenge

Tuesday, 9 July 2024, 11:27

Neo-Concept International (NCI) has been informed by Nasdaq about the shortfall in minimum bid price, prompting a potential compliance issue. The company now has a 180-day window to rectify the situation to meet the exchange's standards.
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Nasdaq Notification to Neo-Concept International Regarding Minimum Bid Price Challenge

Nasdaq Notification on Bid Price Deficiency

Neo-Concept International acknowledges receipt of a notice from Nasdaq highlighting the failure to comply with the minimum bid price criteria.

Compliance Deadline Extended

The notification grants NCI a 180-day period to address and rectify the bid price deficiency to ensure continued listing on the stock exchange.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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