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QTREX Quantum Ltd. Receives Nasdaq Notice Over $1 Bid Rule

The company’s ordinary shares had a closing bid price below $1 for 30 consecutive business days.

A dollar coin balances outside a quiet exchange entrance at dawn / TokenPost.ai
A dollar coin balances outside a quiet exchange entrance at dawn / TokenPost.ai

QTREX Quantum Ltd. (QTEX) received a written notification from Nasdaq after the closing bid price of its ordinary shares stayed below the exchange’s $1 minimum for 30 consecutive business days.

The notification concerns Nasdaq’s minimum closing bid-price requirement.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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