Moxian (MOXC) Receives NASDAQ Non-Compliance Notice
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Moxian Receives NASDAQ Notification Regarding Minimum Bid Requirements
November 16, 2022 5:32 PM ESTHong Kong, Nov. 16, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (Moxian or the Company) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, today announced that on November 11, 2022, it received a letter from The Nasdaq Stock Market LLC (Nasdaq), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Companys Class A common shares was below $1.00 per share for a period... More
