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0.0523280957186104 0.0523280957186104 -0.0139829897650282 0.0353178607467204 -0.0125414444284273 -0.0125414444284273 -0.00533371774542315 -0.00518956321176308
Stock impact report

ParaZero Announces Receipt of Nasdaq Minimum Bid Price Notification

ParaZero Technologies Ltd. (PRZO) 
Company Research Source: GlobeNewswire
Tel Aviv, Israel, Feb. 09, 2024 (GLOBE NEWSWIRE) --  ParaZero Technologies Ltd. (Nasdaq: PRZO) (the "Company” or “ParaZero”), an aerospace company focused on drone safety systems for commercial drones and urban air mobility aircraft, today announced it has received a written notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has been granted a period of 180 calendar days compliance period, or until August 6, 2024, to regain compliance with the minimum bid price requirement. The Company can regain compliance, if at any time during this 180-day period, the closing bid price of its ordinary shares is at least $1.00 for a minimum of ten consecutive business days, in which cas Show less Read more
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