Naveed Nazrul Rashid

Naveed Nazrul Rashid

Kelley Drye & Warren LLP

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Nasdaq Amends Minimum Bid Price Rule to Prevent Companies from Resetting the Compliance Period for Subsequent Listing Failures

On October 7, 2024, the Securities and Exchange Commission (the SEC) approved an amendment (the Amendment) to the rules governing The Nasdaq Stock Market (Nasdaq) minimum bid price requirement. The changes resulting from the...more

10/23/2024  /  Bids , Nasdaq , Proposed Amendments , Publicly-Traded Companies , Reverse Stock Splits , Stock Prices
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