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FAMI new 52 lo
FAMI new 52 week lo
FAMI new 52 week low
FAMI new 52 week low
FAMI new 52 week low
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Followers
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37
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Posters
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Posts (Today)
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0
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Posts (Total)
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887
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Created
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07/18/18
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Type
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Free
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On June 3, 2021, the Registrant received a letter from the Listings Qualifications Department of The Nasdaq Capital Market (?Nasdaq?) notifying the Registrant that the minimum closing bid price per share for its ordinary shares was below $1.00 for a period of 30 consecutive business days and that the Registrant did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). This current report is filed pursuant to Nasdaq Listing Rule 5810(b). The Nasdaq notification letter does not result in the immediate delisting of the Registrant?s ordinary shares, and the shares will continue to trade uninterrupted under the symbol ?FAMI.?
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Registrant has a compliance period of 180 calendar days, or until November 30, 2021 (the ?Compliance Period?), to regain compliance with Nasdaq?s minimum bid price requirement. If at any time during the Compliance Period, the closing bid price per share of the Registrant's ordinary shares is at least $1.00 for a minimum of 10 consecutive business days, Nasdaq will provide the Registrant a written confirmation of compliance and the matter will be closed.
Based on information listed above...........FAMI must be trading $1.00 or above on November 15, 2021 and remain above until November 30, 2021
