Add as a preferred source on GoogleMaris-Tech Ltd. Reports Nasdaq Notice Over $1 Minimum Bid-Price Rule
The company has until May 10, 2027, to regain compliance by maintaining a closing bid of at least $1 for 10 consecutive business days.
Maris-Tech Ltd. announced at 4:10 p.m. ET Nov. 11 that Nasdaq sent it a written notice concerning the exchange’s $1 minimum bid-price requirement. The company has until May 10, 2027, to regain compliance.
To meet the standard, Maris-Tech must maintain a closing bid of at least $1 for 10 consecutive business days. Its ordinary shares trade under the ticker MTEK, while its publicly traded warrants trade under MTEKW.
The notice follows a separate Nasdaq bid-price notice to Baird Medical Investment Holdings Limited, which had a May 3, 2027, deadline after receiving a notice dated Nov. 2. Read more about Baird Medical’s separate Nasdaq bid-price notice.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.