QMMM Holdings receives Nasdaq minimum bid price deficiency letter
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 28 2025
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Source: Business Insider
Nasdaq Compliance Notification: QMMM Holdings received a notification from Nasdaq stating that it no longer meets the minimum bid price requirement of $1 per share, and has until August 25, 2025, to regain compliance.
Options for Regaining Compliance: The company is exploring options to meet Nasdaq's requirements, including the possibility of a reverse stock split, while also facing potential delisting if compliance is not achieved.
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.
