Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.
HomeMaritime NewsRegionsAmericasGlobus Maritime gets Nasdaq de-listing warning

Globus Maritime gets Nasdaq de-listing warning

Globus Maritime gets Nasdaq de-listing warning
Globus Maritime has been given a de-listing warning by Nasdaq due to the low market value publicly held common stock.

The Greek shipowner said it had received written notice from Nasdaq that the market value of its publicly held common stock had been below $5m over the last 30 days. Globus Maritime has a 180 day compliance period to correct the breach, in which time the market value of its publicly held common stock has exceed $5m for 10 consecutive days.

If the company is still not in compliance after 180 days it faces de-listing from Nasdaq.

TAGS: Europe Dry Bulk Finance & Insurance

 

Related
Joe Kramek and John Butler at WSC
Joe Kramek to replace retiring John Butler at WSC
Apr 18, 2024
Dali-NTSB.png
NTSB investigations in the spotlight with Dali bridge collision
Apr 17, 2024
Hapag-Lloyd the Antwerpen Express
Hapag-Lloyd and Seaspan to retrofit five vessels to methanol dual-fuel
Apr 17, 2024
Vessel transiting the Panama Canal
Panama Canal will progressively increase daily transits to 32
Apr 16, 2024