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News  ›  GlobeNewswire Inc.

Darkiris Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Darkiris Inc.
Darkiris Inc. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

DarkIris Inc. received a Nasdaq deficiency letter for not maintaining a minimum stock price of $1.00 per share. The company has 180 days to regain compliance or risk potential delisting, with options including monitoring stock price and potentially conducting a reverse stock split.

Insights
DKI   negative

The company received a deficiency letter indicating its stock price is below Nasdaq's minimum requirement, which poses a risk of potential delisting and signals financial challenges