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Callan JMB Inc. got a warning from Nasdaq about possibly being removed from the stock market.

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Bad for CJMB

Callan JMB failed Nasdaq’s $2.5 million equity rule after it could not complete its capital-raising effort. Its appeal pauses suspension, but does not assure it can keep its listing.

CJMB · Callan JMB Inc.

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That leaves Callan JMB facing a real chance its shares will stop trading on Nasdaq and lose their listing. The hearing delays suspension, but the company says there is no assurance the panel will let it stay listed or that it can meet the rule.

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