Sep. 15 at 9:01 PM
$BAOS New SEC filing! Nasdaq has officially notified BAOS that it is no longer in compliance with the
$1 minimum bid price rule. However—and this is the key point—BAOS is not facing immediate delisting.
Nasdaq has granted the company 180 days, until March 9, 2027, to regain compliance. To do so, BAOS generally needs to maintain a closing price of
$1 or higher for at least 10 consecutive trading sessions.
SEC
What I view as a positive:
The filing removes a huge amount of immediate pressure. 👇 https://www.sec.gov/Archives/edgar/data/1811216/000110465926107944/tm2625219d1_6k.htm
