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Amesite Inc. was told by Nasdaq it might be removed from the stock list for not meeting price rules.

TroubleRead the original at SEC EDGAR
Bad for AMST

Amesite no longer meets Nasdaq’s $1 minimum bid rule, putting its listing at risk. Its shares still trade, and it has 180 calendar days to recover, but possible delisting and a possible reverse split make this negative.

AMST · Amesite Inc.

AI read · Bad for AMST

The AI's read

That puts the company’s access to Nasdaq trading at risk if it cannot bring its closing bid to at least $1 for 10 business days. It may get another 180-day period only if it meets other listing rules and plans a reverse split if needed. Continued trading now and time to fix the issue help, but do not remove the risk of delisting.

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