ZOOZ receives Nasdaq delisting warning due to stock price falling below $1
Show original
Bitcoin reserve strategy company ZOOZ Strategy Ltd. announced that due to its stock price remaining below $1 for 30 consecutive trading days, the company received a delisting warning notice from Nasdaq on December 16, violating the minimum bid price requirement for continued listing. ZOOZ has been granted a 180-day remediation period (until June 15, 2026); if the stock price stays at or above $1 for 10 consecutive trading days, compliance will be restored. The company plans to consider solutions including a reverse stock split, and current operations remain unaffected. ZOOZ is dual-listed on Nasdaq and TASE, holds 1,036 bitcoins, and has announced a $50 million stock buyback plan.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Meta internal Q&A reveals new AI model, with a 60% probability of release in the first half of next year
BlockBeats•2025/12/23 11:11
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$87,553.35
-2.46%
Ethereum
ETH
$2,965.5
-2.47%
Tether USDt
USDT
$0.9993
-0.03%
BNB
BNB
$850.62
-1.81%
XRP
XRP
$1.9
-1.48%
USDC
USDC
$0.9998
-0.01%
Solana
SOL
$124.71
-1.54%
TRON
TRX
$0.2839
-0.76%
Dogecoin
DOGE
$0.1307
-1.19%
Cardano
ADA
$0.3661
-0.95%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now