RegulatoryJul 2, 2026, 08:27 AM
Integrated Media Technology Gets Nasdaq Extension for Bid Price
AI Summary
Integrated Media Technology Limited has received an additional 180 calendar days, until December 29, 2026, from Nasdaq to regain compliance with the minimum $1 bid price requirement. The company was initially notified of non-compliance on December 30, 2025, and failed to regain compliance within the initial 180-day period. The company's common stock will continue to trade uninterrupted under the symbol "IMTE" while it considers options to meet the listing standards.
Key Highlights
- Received an additional 180-day extension from Nasdaq to regain minimum bid price compliance.
- New deadline to meet the $1 minimum bid price requirement is December 29, 2026.
- Company was initially notified on December 30, 2025, for non-compliance.
- Initial 180-day compliance period ended on June 29, 2026.
- To regain compliance, the stock must close at $1 or more for at least 10 consecutive business days.
- The Nasdaq notification does not currently affect the listing of the Company's common stock.
Price Impact
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