Cannabis company OrganiGram gets de-listing warning from Nasdaq

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

Canadian cannabis company OrganiGram Holdings Inc. said Thursday it received notification from the the Nasdaq that it is not in compliance with the minimum...

Canadian cannabis company OrganiGram Holdings Inc. OGI CA:OGI said Thursday it received notification from the the Nasdaq that it is not in compliance with the minimum bid price requirement to retain its listing because its stock has traded below $1.00 for 30 consecutive trading days. The company now has until July 24 to regain its minimum bid requirement. If its bid price closes at or above $1.00 per share for a minimum of 10 consecutive business days, the company will regain compliance.

OGI OGI said Thursday it received notification from the the Nasdaq that it is not in compliance with the minimum bid price requirement to retain its listing because its stock has traded below $1.00 for 30 consecutive trading days. The company now has until July 24 to regain its minimum bid requirement. If its bid price closes at or above $1.00 per share for a minimum of 10 consecutive business days, the company will regain compliance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This administration needs to change some laws man WhiteHouse GOP TheDemocrats

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

U.S. stocks open higher after fresh economic data, with gains led by tech-heavy NasdaqU.S. stocks opened higher Thursday as investors weighed a drop in initial jobless claims and data showing the economy grew in the fourth quarter. The Dow Jones Industrial Average was up 0.3% soon after the opening bell:
Source: MarketWatch - 🏆 3. / 97 Read more »

Wall St falls as Microsoft outlook dents tech stocks, earnings disappointWall Street's main indexes dropped on Wednesday, with the Nasdaq down 1.2%.
Source: Reuters - 🏆 2. / 97 Read more »