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Zentek gets 180-day extension to fix Nasdaq's $1.00 stock price rule, deadline now Aug. 24, 2026.
Zentek Ltd. has received an 180-day extension from Nasdaq to regain compliance with the exchange’s $1.00 minimum bid price requirement, pushing the deadline to August 24, 2026.
The company’s shares, trading under ZTEK on Nasdaq, remain listed.
To comply, Zentek must maintain a closing bid price of at least $1.00 for ten consecutive business days by the new deadline.
The Canadian firm, which develops graphene-enabled materials for healthcare, clean air, and industrial applications, said it will monitor its stock price and explore options to restore compliance.
Forward-looking statements in the announcement involve risks and uncertainties.
Zentek obtiene una extensión de 180 días para corregir la regla de precio de acciones de $1.00 del Nasdaq, fecha límite ahora 24 de agosto de 2026.