Caravelle International gets Nasdaq notification regarding minimum bid price deficiency

seekingalpha08-07

Ocean technology company Caravelle International (NASDAQ:CACO) has received a deficiency letter from Nasdaq notifying the company that, for the last 33 consecutive business days, the closing bid price...

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The Nasdaq Bid Price Deficiency Letter has no immediate effect on the listing of the company's common stock, and its common stock will continue to trade on The Nasdaq Capital Market under the symbol \"CACO\" at this time.  Caravelle International  will be provided a compliance period of 180 calendar days, until January 22, 2025, to regain compliance. 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The Nasdaq Bid Price Deficiency Letter has no immediate effect on the listing of the company's common stock, and its common stock will continue to trade on The Nasdaq Capital Market under the symbol \"CACO\" at this time.  Caravelle International (CACO) will be provided a compliance period of 180 calendar days, until January 22, 2025, to regain compliance. Source: Press Release","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2457860703"}