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0 -0.00278551532033426 -0.0111420612813371 -0.0111420612813371 -0.052924791086351 -0.0252089136490251 0.0305013927576602 0.0306406685236769
Stock impact report

Castor Maritime Inc. Announces Receipt of NASDAQ Notice

Castor Maritime Inc. - Common Shares (CTRM) 
Company Research Source: GlobeNewswire
LIMASSOL, Cyprus, April 20, 2020 (GLOBE NEWSWIRE) -- Castor Maritime Inc. (NASDAQ: CTRM), (“Castor” or the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, announced that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated April 14, 2020, indicating that because the closing bid price of the Company’s common stock for 30 consecutive business days, from February 27, 2020 to April 13, 2020, was below the minimum $1.00 per share bid price requirement for continued listing on the Nasdaq Capital Market, the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2). The Company was also informed by Nasdaq that due to the coronavirus crisis, temporary relief has been granted related to minimum listing bid price requirements and the Company’s compliance period will be suspended until June 30, 2020. Pursuant to the Nasdaq Listing Rule 5810(c)(3)(A), the applicable grace period to regain compliance is 180 days, or De Show less Read more
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