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Stock impact report

Roma Green Finance Limited Receives Nasdaq Deficiency Notice Regarding Minimum Bid Price Requirement

Roma Green Finance Limited (ROMA) 
Company Research Source: GlobeNewswire
Ordinary shares will continue to trade on the Nasdaq Capital Market, and the Company’s listing on such exchange is not affected by the receipt of the Notice HONG KONG, May 21, 2024 (GLOBE NEWSWIRE) -- Roma Green Finance Limited (NASDAQ: ROMA) disclosed that it had received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) that ROMA is not currently in compliance with the $1.00 minimum bid price requirement for continued listing of the Company’s ordinary shares (the “Ordinary Shares”) on the Nasdaq Capital Market, as set forth in Nasdaq Listing Rules (the “Minimum Bid Price Requirement”). The Notice indicated that the Company has 180 days, or until November 13, 2024 (the “Compliance Deadline”), to regain compliance with the Minimum Bid Price Requirement by having the closing bid price of the Ordinary Shares meet or exceed $1.00 per Ordinary Share for at least ten consecutive business days. The Notice has no immediate effect on the listing of the Company’s Show less Read more
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