QMMM Holdings, a company whose stock trades on the Nasdaq stock market, got a letter saying its stock price is too low. The Nasdaq rules say the stock price needs to stay above $1. QMMM's price has been below that for a while.
- Nasdaq gave QMMM until August 25, 2025, to fix the problem.
- If QMMM's price doesn't go up, they might get more time.
- They could also do something called a 'reverse stock split' to raise the price.
- If they can't fix it, Nasdaq might remove QMMM's stock from trading.
| Fact | Details |
|---|---|
| Problem | Stock price below $1 |
| Deadline | August 25, 2025 |
| Possible Solution | Reverse stock split |
This news is about a company's stock, not cryptocurrency.
