Quantum computing firm D-Wave given six months to raise share price above $1 or face NYSE delisting.
D-Wave, a quantum computing company, has been notified by the NYSE of non-compliance with its share price rule after its stock closed below $1 for 30 consecutive days. While this does not lead to immediate delisting, D-Wave has six months to regain compliance by maintaining a $1 share price. The company is exploring options, including a potential reverse stock split, subject to shareholder approval.
October 04, 2024
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