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Beeline Holdings has been told it might be removed from Nasdaq for not keeping its stock price above $1.00.

TroubleRead the original at SEC EDGAR
Bad for BLNE

Beeline failed to keep its bid at $1.00 per share for 30 business days. Its shares remain listed during a 180-day chance to recover, but failure to meet the price requirement can lead to delisting.

BLNE · Beeline Holdings, Inc.

AI read · Bad for BLNE

The AI's read

Beeline still has a chance to keep its Nasdaq listing, and the notice does not remove its shares today. The company must reach a $1 closing bid for 10 straight business days. The extra time is not automatic. Beeline must meet other listing tests and tell Nasdaq it plans to fix the problem. If it cannot, Nasdaq can move to delist the shares.

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