Cheer Holding receives Nasdaq notification of non-compliance

3 hours ago 1

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Cheer Holding (NASDAQ:CHR) said it received a notice from Nasdaq on October 16 stating that the company is not in compliance with the exchange’s minimum $1 bid price requirement under Listing Rule 5550(a)(2).
The company has 180 days, until April 14, 2026, to regain compliance by maintaining a closing bid price of at least $1 for ten consecutive business days.
Cheer said it intends to monitor its share price and evaluate options to meet the requirement.
CHR -0.33% after hours to $0.1177.
Source: Press Release

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