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Cryptoknowmics
2022-12-14 14:59:02

Bitfarms Gets NASDAQ Notice About Minimum Bid Price Deficiency

Bitfarms Gets NASDAQ Notice About Minimum Bid Price Deficiency

Bitfarms, a multinational Bitcoin self-mining business, declared today that it got a formal letter from the Nasdaq Stock Market LLC on December 13, 2022. According to the notice, the auction price for the Company’s common shares had fallen below the minimal US$1.00 per share threshold for continuing Nasdaq listing for the previous thirty consecutive working days. Bitfarms Receives NASDAQ Notice The company has been given the first window of 180 days in total, or until June 12, 2023, to return to compliance in line with the Nasdaq Listing Rule. According to the letter, if the auction price of the equity The post Bitfarms Gets NASDAQ Notice About Minimum Bid Price Deficiency appeared first on Cryptoknowmics-Crypto News and Media Platform .

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