Home » Brüush Receives Nasdaq Delisting Notification and Files to Appeal

Brüush Receives Nasdaq Delisting Notification and Files to Appeal

by admin
Brüush Receives Nasdaq Delisting Notification and Files to Appeal

VANCOUVER, BC / ACCESSWIRE / March 1, 2024 / Bruush Oral Care Inc. (NASDAQ:BRSH) (the “Company”), today announced that it has received a notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market, LLC (“Nasdaq”) on …

VANCOUVER, BC / ACCESSWIRE / March 1, 2024 / Bruush Oral Care Inc. (NASDAQ:BRSH) (the “Company”)today announced that it has received a notice (the “Notice”) from the Listing
Qualifications Department of The Nasdaq Stock Market, LLC (“Nasdaq”) on February 27, 2024 notifying the Company of Nasdaq’s determination to delist the Company’s common shares from The Nasdaq
Capital Market because the Company’s common shares had a closing bid price of $0.10 or less for ten consecutive trading days as of February 26, 2024, which triggered a notice of delisting pursuant
to Nasdaq Listing Rule 5810(c)(3)(A)(iii) (the “Low Priced Stocks Rule”).

In addition to the Low Priced Stocks Rule delisting notice, as previously reported, the Company also currently fails to satisfy the requirement that the closing bid price of its common shares
remain at $1.00 or higher, as required by Nasdaq Listing Rule 5550(a)(2), and had received a notice from Nasdaq in that regard on November 15, 2023.

show more

We’re a newswire service standout and fast becoming an industry disruptor. We provide regional, national and global news to thousands of clients around the world. We’re also leading the way in social engagement, targeting and analytics.

show more

Subscribe to RSS feed

See also  A miracle rarely comes alone

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy