Moxian (MOXC) Receives Nasdaq Non-compliance Notice
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Moxian Receives NASDAQ Notification Regarding Minimum Bid Price Requirements
October 18, 2023 4:00 PM EDTBeijing, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (Moxian or the Company) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, announced today on October 12, 2023, it received a letter from The Nasdaq Stock Market LLC (Nasdaq), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Companys ordinary shares was below $1.00 per share for a period of 30 consecutive business... More
