Bitcoin Miner Digihost Risks Nasdaq Delisting as Stock Plunges 84% This Year

[AJBot]

data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7

Last Monday, Digihost (NASDAQ: DGHI), the Houston-based crypto mining outfit, received a deficiency notice from Nasdaq after its stock price traded below $1 for a prolonged period, violating the exchange’s listing compliance. According to NASDAQ Listing Rule 5550 (a)(2), a deficiency notice is issued if a company’s stock trades below $1 for 30 consecutive days. Digihost has been provided a 180-day compliance period until April 10, 2023. The stock must trade above $1 for ten consecutive business days before this period concludes. “If the Company does not regain compliance with ...

Continue reading the above news article, by clicking here.

Administration and Moderation NOTE: A Reminder, the above news is provided for free, through a RSS Feed. The above quote does NOT include the full story. In order to continue to read more past what is quoted, please click through to the article, by clicking on the link provided above through the "continue reading" text.

Please be sensible and follow our terms of service and rules, when replying and debating the news article.