Item 3.01 Notice of Delisting of Failure to Satisfy a Continued Listing Rule or Standard? Transfer of Listing.
On
Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price
requirement exists if the deficiency continues for a period of 30 consecutive
business days. Based on the closing bid price of the Company's common shares for
the 30 consecutive business days from
The Notification Letter has no immediate effect on the listing of the Company's common shares on Nasdaq.
In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been
provided 180 calendar days, or until
The Company's business operations are not affected by the receipt of the Notification Letter. There can be no assurance that the Company will regain compliance with the minimum bid price requirement or maintain compliance with any of the other Nasdaq continued listing requirements.
Item 7.01 Regulation FD Disclosure.
On
The information in Item 7.01 of this Current Report on Form 8-K is being furnished and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section and shall not be deemed incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press release, datedJanuary 5, 2023 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
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