Add as a preferred source on GooglePRF Technologies Ltd. Requests Hearing After Nasdaq Delisting Determination
Nasdaq staff issued the determination after the company’s shares closed below the $1 minimum bid price for 30 consecutive business days.
PRF Technologies Ltd. requested a hearing after Nasdaq staff determined its shares should be delisted, a process that remains on hold while a panel reviews the case.
The company received the determination letter Nov. 9. Nasdaq staff issued it after PRF Technologies’ shares closed below the exchange’s $1 minimum bid price for 30 consecutive business days, from Sept. 24 through Nov. 4.
The hearing request stays the suspension and delisting while the Nasdaq panel considers the case. PRF Technologies shares continue trading pending the panel’s decision.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.