Aug. 22 at 1:04 PM
$AKAN "..which requires companies listed on The Nasdaq Capital Market to maintain a minimum of
$2.5 million in stockholders’ equity for continued listing." And "..granting the Company an extension through December 13, 2026"
And this from an internet search: "To gain this extension (which they got), the compliance plan must typically demonstrate not only that the company has regained the
$2.5 million threshold but that it is projected to remain above
$2.5 million for the subsequent 12 months." [next 12 months"..AKAN better have a good plan]
Yahoo shows mkt cap at 2.1M. It's getting harder and harder to get to
$2.5M if price just continues to drop. So can we expect another pump some time down the road (before the next quarterly filing)?
