Sep. 11 at 5:43 AM
$RDHL
According to Microsoft CoPilot, "Nasdaq’s minimum‑bid‑price rule works in two stages:
Stage 1 — Initial 180‑day period
RDHL is here now. Ends October 5, 2026.
Stage 2 — Second 180‑day extension
A company may receive this only if it meets all five criteria:
1. Stockholders’ equity ≥
$5M
2. Public float ≥ 1M shares
3. Market value of publicly held shares ≥
$1M
4. At least two market makers
5. Bid price ≥
$0.10
RDHL has not yet reached this stage, because the first window has not expired."
As of this moment, it appears Redhill meets all 5 criteria above, but the window doesn't open to apply for Extension until effective date that has not arrived yet. That's when all 5 criteria must be met, not today.
