MDJM Ltd receives Nasdaq notification regarding bid price deficiency

Written by Emily J. Thompson, Senior Investment Analyst

MDJH%

Updated: Oct 25 2024

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Nasdaq Compliance Notification: MDJM received a notification from Nasdaq on October 23, 2024, indicating that it is not in compliance with the minimum bid price requirement of $1.00 per share as outlined in Nasdaq Listing Rules.
Duration of Non-compliance: The company failed to meet this requirement for 30 consecutive business days, specifically from September 11, 2024, to October 22, 2024, based on the closing bid price of its ordinary shares.

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.

MDJM Ltd receives Nasdaq notification regarding bid price deficiency

About the author

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