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0 0.00153846153846154 0.00769230769230753 0.00319076923076909 -0.00830769230769242 -0.0304615384615385 -0.0566153846153847 -0.0753846153846155
Stock impact report

SMX Announces Receipt of Nasdaq Listing Delinquency Notice [Yahoo! Finance]

SMX (Security Matters) Public Limited Company - Class A Ordinary Shares (SMX) 
Company Research Source: Yahoo! Finance
NEW YORK, NY / ACCESSWIRE / December 18, 2024 / SMX (Security Matters) PLC (NASDAQ:SMX)(NASDAQ;SMXWW) announces that on December 11, 2024, it received a delinquency notification letter from the Listing Qualifications Staff of the Nasdaq Stock Market LLC due to the Company's non-compliance with Nasdaq Listing Rule 5550(a)(2), as the bid price of the Company's ordinary shares on the Nasdaq Capital Market was below $1.00 for 30 consecutive business days, from October 8, 2024 to December 9, 2024. Normally, a company would be afforded a 180-calendar day period to demonstrate compliance with the Bid Price Rule. However, pursuant to Nasdaq Listing Rule 5810(c)(3)(A)(iv), the Company is not eligible for any compliance period specified in Rule 5810(c)(3)(A) due to the fact that the Company effected one or more reverse stock splits over the prior two-year period with a cumulative ratio of 250 shares or more to one. Accordingly, unless the Company requests a hearing before a Hearings Panel, t Show less Read more
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