Greenpro Capital Corp. has been notified by The NASDAQ Stock Market that its common stock's closing bid price has been below $1.00 for 30 consecutive business days, resulting in non-compliance with Nasdaq's minimum bid price requirement. The company has been given a 180-day period until March 17, 2025, to regain compliance. If the stock's closing bid price reaches $1.00 for at least ten consecutive business days within this period, the company will regain compliance. In case of failure to comply, additional time may be granted if other initial listing standards are met and the company indicates an intention to cure the deficiency. No decision has been made on the response to this notice.
Names Mentioned: - Greenpro Capital Corp. - The NASDAQ Stock Market - Lee Chong Kuang (Chief Executive Officer, President, Director)