Bit Origin announces Nasdaq non-compliance notice

seekingalpha
22 Nov 2024
  • Bit Origin Ltd (NASDAQ:BTOG) received a delinquency notice from Nasdaq on November 20, 2024, for failing to file its annual report for the fiscal year ended June 30, 2024, on time, which violates Nasdaq's listing rule.
  • The company has 60 calendar days to submit to Nasdaq a plan to regain compliance. If Nasdaq accepts the plan, then it may grant the company up to 180 calendar days or until May 12, 2025, to regain compliance.
  • BTOG shares rose over 6.2% on Thursday. 
  • Source: Press Release

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