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DIRTT (TSX:DRT) transfers to the Nasdaq Capital Market

Industrial, Market News
TSX:DRT
10 March 2023 11:30 (EDT)

Source: DIRTT Environmental Solutions

DIRTT Environmental Solutions (DRT) has received a notification for transfer to the Nasdaq Capital Market.

The Nasdaq Stock Market notified the company about its eligibility for an additional 180-calendar day period, or until September 5, 2023, to regain compliance with the Nasdaq Listing Rule 5450(a)(1).

If at any time during this time period, the closing bid price of the company’s common shares is at least $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance, and the matter will be closed.

As a result of this, the company’s common shares were transferred to the Nasdaq Capital Market at the opening of business on March 9, 2023.

The company says that it remains confident in its future growth opportunities.

DIRTT is a global leader in industrialized construction whose system of physical products and digital tools empowers organizations, together with construction and design leaders, to build high-performing, adaptable interior environments.

DIRTT Environmental Solutions Ltd. (DRT) was down 1.408 per cent, trading at $0.70 per share.


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