Argo Blockchain (ARBK) Receives Nasdaq Deficiency Notice

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Go back to Argo Blockchain (ARBK) Receives Nasdaq Deficiency Notice

Argo Blockchain PLC Announces Nasdaq Notification - Minimum Bid Price Deficiency

December 16, 2022 2:01 AM EST

Argo Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

LONDON, UK / ACCESSWIRE / December 16, 2022 / Argo Blockchain plc, a global leader in cryptocurrency mining (LSE:ARB)(NASDAQ: ARBK), announces today that it has received written notification (the "Notification Letter") from the Nasdaq Stock Market LLC Listing Qualifications Department ("Nasdaq") that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Rule 5450(a)(1) since the closing bid price for the Company's American Depositary Shares ("ADS") listed on the Nasdaq Global Select Market was below $1.00 for 30... More