Color Star gets Nasdaq notification letter regarding bid price deficiency
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 20 2024
0mins
Should l Buy ?
NASDAQ Notification: Color Star Technology received a notification from NASDAQ indicating that its Class A ordinary shares have been below the minimum bid price of $1.00 for 30 consecutive business days.
Listing Rule Violation: As a result, the company no longer meets the minimum bid price requirements outlined in Nasdaq Listing Rule 555 a 2.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
