Troubled Florida carrier FedNat warned of potential delisting by Nasdaq
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Troubled Florida carrier FedNat warned of potential delisting by Nasdaq

Jairo Ibarra
June 03, 2022
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
FedNat Insurance logo Fort Lauderdale Florida stck.jpg

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

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Florida FedNat
jairo ibarra/jairo ibarra ii us.png
Jairo Ibarra
Senior Reporter
Contact
Gift this article