Solana Tesorería Company Solmate recibe advertencia de deslistado de NASDAQ, planea solicitar audiencia antes de finales de abril

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Golden Finance reports that on April 28th, Solmate Infrastructure, a Solana treasury company listed on Nasdaq (formerly Brera Holdings), announced receipt of a delisting notice from Nasdaq due to its Class B common stock closing price being below $1 for 30 consecutive trading days, failing to meet the minimum bid price requirement, and facing delisting from the Nasdaq Capital Market. It is reported that the company will apply for an independent hearing panel review before April 30th; after the application is submitted, the delisting process will be automatically suspended, and the stock can continue trading. Previously, Solmate shareholders approved a 10-for-1 reverse stock split plan, and the company’s board of directors is advancing related procedures. It is expected that after completion, the company will once again meet Nasdaq’s minimum stock price listing standards.

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