Bit Brother receives delisting notice from Nasdaq regarding insufficient bid

Bitget App

Trade smarter

Cointime2023/11/16 00:36

By:Cointime

Bit Brother (NASDAQ code: BETS) announced today that it has received notice from NASDAQ that the exchange has decided to delist the company's securities from NASDAQ due to the company's failure to comply with NASDAQ listing rules. The reason is that the company's securities closed at $0.10 or lower for 11 consecutive trading days from October 26th to November 9th, 2023.

This notice will not immediately affect the company's listing and trading, as the company intends to apply for a hearing before an expert panel by November 17th, 2023. Such applications will suspend any suspension or delisting actions by NASDAQ until the hearing process is completed. It is not guaranteed that the expert panel will approve the company's request for more time to demonstrate compliance with continued listing requirements, or that the company will be able to meet continued listing requirements during any compliance period or in the future. If the expert panel does not approve the company's extension application, the company's common stock will be affected.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

VNBTC, a leading cloud mining platform, has launched a new service that allows users to mine cryptocurrency without any initial investment, making crypto mining accessible to both beginners and experienced users. The platform eliminates the need for expensive hardware, technical expertise, and high electricity costs, as all operations are handled in the cloud, enabling users to start mining directly from their devices.

DeFi Planet•2025/05/08 02:33

VNBTC Launches Free Cloud Mining Platform for Effortless Cryptocurrency Income

Voltage Finance Exploiter Resurfaces, Moves $182K in ETH to Tornado Cash After Months of Silence

After more than five months of inactivity, the hacker behind the 2022 Voltage Finance exploit has resurfaced—this time, moving a portion of the stolen Ether through Tornado Cash, a privacy-focused mixer.

DeFi Planet•2025/05/08 02:33