Akanda Has Regained Compliance with Nasdaq's Minimum Bid Price Requirement [Yahoo! Finance]
Akanda Corp. (AKAN)
Company Research
Source: Yahoo! Finance
company, today announced that it has received a letter (the "Compliance Notice") from the Listing Qualifications Department of The Nasdaq Stock Market Inc. ("Nasdaq") dated June 7, 2024, informing the Company that it has regained compliance with Nasdaq Listing Rule 5550(a)(2) (the "Minimum Bid Price Requirement"). As previously announced, Akanda received a notification letter from Nasdaq dated July 3, 2023 indicating that its common shares failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of Nasdaq. According to the Compliance Notice, since then, Nasdaq has determined that for 10 consecutive business days, from May 23, 2024 to June 6, 2024, the closing bid price of the Company's common shares has been at $1.00 per share or greater, and accordingly the Company has regained compliance with the Minimum Bid Price Requirement and the matter is closed. About Akanda Corp. Akanda is an international medical ca
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- Akanda Corp. Receives Notice of Non-Compliance from NASDAQ [Yahoo! Finance]Yahoo! Finance
- Akanda Corp Announces Settlement Agreement with Former CEO Tejinder Virk [Yahoo! Finance]Yahoo! Finance
- Akanda Corp. Announces Plans to Be Among International First Movers Pending Completion of Landmark Change in US Drug Policy [Yahoo! Finance]Yahoo! Finance
AKAN
Sec Filings
- 6/14/24 - Form 6-K
- 6/12/24 - Form 6-K
- 5/20/24 - Form 6-K
- AKAN's page on the SEC website