US mining company Digihost Technology has received a warning from the operator of the Nasdaq exchange about a possible delisting.
The reason was that the company’s shares have been trading below one dollar for 30 working days, which is the minimum price set by the rules of the platform.
Nasdaq Stock Market has given Digihost a period of 180 days (until April 10 next year) to bring quotes in line with regulations.
According to the company:
“Receipt of the notification letter does not affect the company’s business operations, and Digihost fully intends to correct the deficiencies and restore compliance with the Nasdaq listing rules.”