Troubled Florida carrier FedNat warned of potential delisting by Nasdaq
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Troubled Florida carrier FedNat warned of potential delisting by Nasdaq

Jairo Ibarra
June 03, 2022
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Distressed carrier FedNat Holding has received a written notice from the Nasdaq Stock Market about the risk of delisting its common stock based on the requirement that listed securities must maintain a minimum bid price of $1 per share.

Nasdaq warned the troubled Floridian that its common stock hasn’t complied with that condition over the last 30 consecutive business days, according to an SEC filing.

The

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Jairo Ibarra
Senior Reporter
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