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Reported Earlier, Tim Hortons China Exclusive Operator TH International Faces Nasdaq Delisting Threat Over Minimum Bid Price

Author: Benzinga Newsdesk | July 26, 2024 01:26am

If the Company is unable to regain compliance by January 15, 2025, the Company may, under certain circumstances, be eligible for an additional 180 calendar day period to demonstrate compliance with the minimum bid price requirement. If the Company does not qualify for the second compliance period or fails to regain compliance during the second 180 calendar day period, then Nasdaq will notify the Company of its determination to delist the ordinary shares, at which point the Company would have an opportunity to appeal the delisting determination to a Hearings Panel.

Posted In: QSR THCH


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