As previously reported, on April 30, 2020, Oxbridge Re Holdings Limited (the “Company”) received written notice from The Nasdaq Stock Market, or Nasdaq, indicating that, because the closing bid price for the Company’s common stock had fallen below $1.00 per share for 30 consecutive business days, the Company no longer complied with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market under Rule 5550(a)(2) of the Nasdaq Listing Rules.

 

Question for the Next webinar:! (idea thought on Oct.3rd,2020) $OXBR - Ticker being used to data track!

SEC statements to remember and pay attention too: Theory: when a company gets NASDAQ 30 consecutive days under 1.00 then delisting is started. Company A will either need to get back above that 1.00 threshold or be removed from the NASDAQ listening under this rule: As previously reported, on April 30, 2020, Oxbridge Re Holdings Limited (the “Company”) received written notice from The Nasdaq Stock Market, or Nasdaq, indicating that, because the closing bid price for the Company’s common stock had fallen below $1.00 per share for 30 consecutive business days, the Company no longer complied with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market under Rule 5550(a)(2) of the Nasdaq Listing Rules.