Zentek (ZTEK) Receives Nasdaq Non-compliance Notice
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Zentek Ltd. Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
September 13, 2024 4:47 PM EDTGuelph, Ontario--(Newsfile Corp. - September 13, 2024) - Zentek Ltd. (NASDAQ: ZTEK) (TSXV: ZEN) ("Zentek" or the "Company") announces that on September 11, 2024, it received a written notification (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") that the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2), as the minimum bid price of the Company's common shares ("Shares") has been below US $1.00 per share for 31 consecutive business days.
The Notification Letter is only a notification of deficiency and not a notice of delisting. As... More
