SYDNEY and NEW YORK, Nov. 3, 2022 /PRNewswire/ -- Integrated Media Technology Limited (NASDAQ:IMTE) ("IMTE" or the "Company"), announces today that on November 2, 2022, the Company received a notification letter (the "Notification Letter") from the Listings Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") regarding a failure to meet Nasdaq's minimum bid price requirements. The Notification Letter informed the Company that the minimum closing bid price per share for its common stock was below $1.00 for a period of 30 consecutive business days and that the Company did not meet the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.
Read more at prnewswire.comIMTE Receives Nasdaq Notice Regarding Minimum Bid Requirements
PR Newswire - Press Release
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