delisting News & Analysis

Twin Vee PowerCats (VEEE) Receives Nasdaq Delisting Notice for Price

Twin Vee PowerCats (VEEE) has received a notice from Nasdaq regarding non-compliance with the minimum bid price requirement. The company has been informed that its common stock has failed to maintain a minimum bid price of $1 for 30 consecutive trading days. This notice could impact the company's listing status and trading volume moving forward. Twin Vee must regain compliance within a specified period to avoid delisting from the exchange.