American Lithium Receives NASDAQ Notice of Minimum Price Deficiency and Clarifies Previous Engagement with New Era Publishing Inc. [Yahoo! Finance]
American Lithium Corp. (AMLI)
Company Research
Source: Yahoo! Finance
received written notification (the “ Notice ”) from the Nasdaq Stock Market LLC (“ Nasdaq ”) on March 8, 2024, indicating that the Company is not in compliance with the minimum bid price requirement of US$1.00 per share under Nasdaq Listing Rule 5550(a)(2) based upon the closing bid price of the Company's common shares for the thirty consecutive business days from January 25, 2024 to March 7, 2024. The Notice has no immediate effect on the listing or trading of the Company's common shares on Nasdaq, and the Company's operations are not affected by the receipt of the Notice. Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has been provided 180 calendar days from the date of the Notice, or until September 4, 2024, to regain compliance with the minimum bid requirement, during which time the Company's common shares will continue to trade on Nasdaq. To regain compliance the Company's common shares must have a closing bid price of at least US$1.00 for a minimum of ten consecutive b
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News
- American Lithium Strengthens Team and Launches Major ESG Initiative in Peru [Financial Post (Toronto, Ontario, Canada)]Financial Post
- American Lithium Strengthens Team and Launches Major ESG Initiative in Peru [Yahoo! Finance]Yahoo! Finance
- American Lithium Strengthens Team and Launches Major ESG Initiative in PeruGlobeNewswire
- American Lithium Receives NASDAQ Notice of Minimum Price Deficiency and Clarifies Previous Engagement with New Era Publishing Inc. [Financial Post (Toronto, Ontario, Canada)]Financial Post
- American Lithium Receives NASDAQ Notice of Minimum Price Deficiency and Clarifies Previous Engagement with New Era Publishing Inc.GlobeNewswire
AMLI
Sec Filings
- 3/26/24 - Form 6-K
- 3/15/24 - Form 6-K
- 2/14/24 - Form SC
- AMLI's page on the SEC website