From TokenPost · · 40s
Tron Shares Near Nasdaq Listing Threshold
Tron Inc. shares hover 15 cents above Nasdaq's $1 minimum bid threshold, risking delisting.
In brief
Tron Inc. shares hover 15 cents above Nasdaq's $1 minimum bid threshold, risking delisting. Tron Inc. shares are 15 cents above Nasdaq's $1 listing threshold, potentially triggering a compliance process if they fall below for 30 days. Originally reported by TokenPost.
Tron Shares Near Threshold
Tron Inc. shares hovered about 15 cents above Nasdaq's $1 minimum bid threshold on Oct. 19.
Risk of Delisting
If shares close below $1 for 30 consecutive days, Nasdaq starts a 180-day compliance period for the company.
Share Price Context
The stock remains 50% below its highest point this year, with TRX holdings exceeding $250 million in value.
The short version
Tron Inc. shares are 15 cents above Nasdaq's $1 listing threshold, potentially triggering a compliance process if they fall below for 30 days.
