Ostin Technology Group Received Additional 180 Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule
Ostin Technology Group Co., Ltd. - Class A Ordinary Shares (OST)
Company Research
Source: GlobeNewswire
Nanjing, China, July 24, 2024 (GLOBE NEWSWIRE) -- Ostin Technology Group Co., Ltd. ("the Company") (Nasdaq: OST), a leading supplier of display modules and polarizers based in China, announced that on July 18, 2024, it received a notification letter (the "Extension Notice") from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has been granted an additional 180-day compliance period, or until January 13, 2025 to regain compliance with the Nasdaq's minimum $1.00 bid price requirement (the "Bid Price Requirement"). As previously announced, the Company received a written notification from Nasdaq dated January 19, 2024, indicating that the Company was not in compliance with the Bid Price Requirement, and Nasdaq granted the Company a period of 180 calendar days, or until July 17, 2024, to regain compliance with the Bid Price Requirement. Nasdaq’s determination is based on the Company meeting the continued listing requirement for market value of publicly held shares and all other
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Sec Filings
- 11/8/24 - Form 6-K
- 10/11/24 - Form 144
- 10/11/24 - Form 144
- OST's page on the SEC website