TSX:HEXO.W.A - Post by User
Post by
quinlashon Jul 08, 2022 12:23pm
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Post# 34811224
HEXO Trades on 2 Exchanges (TSX+NASDAQ)
HEXO Trades on 2 Exchanges (TSX+NASDAQ)The SP has fallen below minimum listing requirement of $1.00 USD, they have until July 25th at which time they can apply for, and will likely be granted, an extension out to Jan of 2023. If the SP does not recover to $1.USD by that time the company can consolidate the shares to a point where the SP is above the $1 USD requirement.
The TSX has no minimum SP requirement that I can find therefore the company has no action to take in order to remain listed on the Canadian Exchange.
Details on the listing requirement, as well as the company's options for an extension have been outlined in the Press Releases issued by HEXO Corp and are available to those wishing to make an effort in Doing Their Own Due Dilligence.
Best Regards,
Q