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Stock impact report

Performance Shipping Inc. Announces Receipt of NASDAQ Notice

DIANA CONTAINERSHIPS (DCIX) 
Last diana containerships earnings: 7/25 07:30 am Check Earnings Report
US:NASDAQ Investor Relations: dcontainerships.com/investors
Company Research Source: GlobeNewswire
ATHENS, Greece, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has received written notification from The Nasdaq Stock Market LLC (“Nasdaq”) dated September 6, 2019, indicating that because the closing bid price of the Company's common stock for 30 consecutive business days, from July 24, 2019 to September 5, 2019, was below the minimum $1.00 per share bid price requirement for continued listing on the Nasdaq Global Select Market, the Company is not in compliance with Nasdaq Listing Rule 5450(a)(1). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the applicable grace period to regain compliance is 180 days, or until March 4, 2020. The Company intends to monitor the closing bid price of its common stock during this grace period and will consider its options, including a reverse stock split, in order to regain compliance with the Nasdaq Global Sele Show less Read more
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