Infrared Cameras Holdings (MSAI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
MultiSensor AI Holdings, Inc. is facing a compliance issue with Nasdaq’s minimum Market Value of Listed Securities requirement after its market value fell below $50 million for 30 consecutive days. Although not immediately affecting its Nasdaq Global Market listing, the company must meet the $50 million threshold by August 12, 2024, to avoid delisting. The company can regain compliance if its market value exceeds $50 million for at least ten consecutive business days before the deadline. Possible outcomes include regaining compliance, delisting, or transferring to the Nasdaq Capital Market if criteria are met.
For further insights into MSAI stock, check out TipRanks’ Stock Analysis page.