Bitcoin reserve strategy company ZOOZ received a delisting warning from Nasdaq after its stock price fell below $1.

PANews reported on December 23 that ZOOZ Strategy Ltd. announced that it received a notification from Nasdaq on December 16 that its stock price had remained below $1 for 30 consecutive trading days, failing to meet the minimum price requirement for maintaining its listing. ZOOZ has been granted a 180-day grace period (until June 15, 2026). If its stock price remains above $1 for 10 consecutive trading days, it can regain compliance. The company is considering solutions including a reverse stock split. Currently, its operations are unaffected. ZOOZ is a dual-listed company on Nasdaq and TASE, implementing a Bitcoin vault strategy.

Last month, it was reported that ZOOZ Strategy disclosed that it currently holds 1,036 bitcoins and announced a $50 million stock buyback program .

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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