gail
3 months ago
NEWS! AirNet Granted Additional 180-Day Grace Period to Regain Compliance with Nasdaq Bid Price Requirement
March 18 2025 - 4:05PM
AirNet Technology Inc. ("AirNet" or the "Company") (Nasdaq: ANTE), is pleased to announce that Nasdaq has granted the Company an additional 180-day grace period, until September 15, 2025, to regain compliance with the Nasdaq Capital Marketβs minimum $1.00 bid price per share requirement.
AirNet remains fully committed to addressing the bid price deficiency during this extended compliance period. If the Companyβs closing bid price meets or exceeds $1 per ADS for a minimum of 10 consecutive business days within this timeframe, the Company will be in compliance with that requirement and Nasdaq should close this matter.
The Company has demonstrated compliance with all other applicable Nasdaq continued listing requirements, including the market value of publicly held shares and shareholder equity thresholds.
To ensure compliance, AirNet intends to monitor its ADS price closely and will take all necessary steps to maintain its Nasdaq listing, including effecting an ADS ratio change or reverse stock split.
gail
3 months ago
grabbed some on the β¦.
β¦.
dip, and appears its about to go back up. lots of buys in the last few mins.
i was not in last year, but it appears it moved the same way, huge run, dump, then ran more. so, im curious of history repeats itself.