Brightline Interactive appeals Nasdaq delisting notice over minimum bid price breach
Bitget2026/09/18 12:51- Brightline Interactive requested a Nasdaq Hearings Panel hearing on Sept. 17, 2026 to appeal a delisting determination.
- Nasdaq cited non-compliance with the $1 minimum bid price requirement under Listing Rule 5550(a)(2).
- The hearing request triggers an automatic stay of any suspension or delisting pending the panel’s decision.
- Brightline awaits a hearing date while working to regain compliance with Nasdaq continued listing standards.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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