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News  ›  GlobeNewswire Inc.

Able View Announced Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Dennis Tang
Able View Announced Receipt of  Nasdaq Notification Regarding Minimum Bid Price Deficiency

Able View Global Inc. received a notification from Nasdaq about not meeting the minimum bid price requirement, with 180 days to regain compliance or potentially face delisting.

Insights
BBAI.WS   negative

Stock down 21.2%, negative earnings of $450 million in last 12 months, sales decreased 18.4% year-over-year, high price-to-sales ratio of over 13


ABLV   negative

The company has been notified of non-compliance with Nasdaq's minimum bid price requirement, which poses a potential risk of delisting and signals financial challenges in maintaining stock price above $1.00