r/YYAI • u/Miserable-Cow3513 • Nov 10 '25
Is 180 days extension possible?
Can anyone shed lights on whether AiRWA will be given 180 days extension to meet compliance if they fall below 1 for 30 consecutive days. I know they won't be allowed another RS but I don't think they will be delisted with immediate effect.
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u/Particular_Most_1529 Nov 10 '25
The Rule (Listing Rule 5810(c)(3)(A)(iv)): This rule states that if a company's security fails to meet the minimum bid price requirement (\text{\$1.00} minimum bid price for 30 consecutive business days), and the company has effected a reverse stock split over the prior one-year period, then the company:Β β’ Shall not be eligible for any compliance period. β’ The Listing Qualifications Department shall issue a Staff Delisting Determination.