Jun. 5 at 12:42 PM
$LOBO well you guys messed it up and looks like a 6 month min bid extension is going to happen. 10 consecutive trading days before the 15th so already drafting for the Nasdaq compliance extension, since no approved RS I can find.
They got the warning on Dec 16, 2025 after trading under
$1 for 30 straight business days. The key date is June 15, 2026, which is the 180-day deadline.
To cure it, they need to close at
$1+ for at least 10 straight business days. I don’t see an approved reverse split yet, only language saying they could use one if needed