Massimo Giachetti
- X3 Titles (NASDAQ:XTKG) said Thursday that the digital solutions and technology services provider received a warning from Nasdaq about failing to meet the exchange’s minimum bid price requirement.
- The rule requires listed securities to maintain a minimum offering price of $1.00 per share.
- Based on the closing bid price of the company’s stock for more than 30 consecutive business days from February 22 to April 8, the company no longer meets the minimum bid price rule.
- The company has 180 calendar days, or until October 7, to regain compliance with the listing rule.
- XTKG shares were trading -0.01% pre-market.
- Source: press release