Continued Nasdaq listing of Esports Entertainment Group has been authorized.
The Nasdaq Hearings Panel has granted Esports Entertainment Group's request to continue being listed on the Nasdaq Capital Market.
The company must demonstrate compliance with a minimum bid price criterion by 7 February 2023 in order for its listing to be extended.
In addition to other limitations and requirements, Esports Entertainment Group must adhere to a shareholder equity requirement of at least $2.5 million by March 31, 2023.
The supplier claims that "definitive actions" are being taken to ensure that it can meet all requirements and criteria for maintaining its Nasdaq listing.
The Nasdaq Hearings Panel has granted Esports Entertainment Group's request to continue being listed on the Nasdaq Capital Market.
The company must demonstrate compliance with a minimum bid price criterion by 7 February 2023 in order for its listing to be extended.
In addition to other limitations and requirements, Esports Entertainment Group must adhere to a shareholder equity requirement of at least $2.5 million by March 31, 2023.
The supplier claims that "definitive actions" are being taken to ensure that it can meet all requirements and criteria for maintaining its Nasdaq listing.