Dane Technology received a NASDAQ delisting warning for closing below $1 for 30 consecutive trading days

2021-12-15 21:23:00

Dane Technology recently announced that it received written notice from NASDAQ's Listing Eligibility Division on December 10, 2021, stating that the Company no longer meets the minimum trading price requirements for NASDAQ's global select markets as set out in the NASDAQ Listing Rule 5450(a)(1) as the Company's CLOSING price for the past 30 consecutive trading days is less than $1.00 per share.

As of Tuesday's close, Dane Technology fell 8.65% to $0.45, with a market value of $25.4576 million. Dane Technology has fallen 85.20% this year.

This article originated from the financial world

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