Warrantee Inc. Faces Nasdaq Delisting, Explores Reverse Stock Split

Warrantee Inc. (WRNT) shares plummeted by 29% on Monday after the company received a Nasdaq delisting determination letter. The Nasdaq notified the company on April 15 that its securities would be delisted due to failure to meet the minimum bid price requirement. Warrantee has until April 10, 2024, to rectify the issue and plans to appeal the decision. The company is considering various options, including a reverse stock split. Investors interested in participating in the market for Warrantee can buy shares through a brokerage account, even in fractional amounts, or explore more complex options such as shorting or trading options.

Scroll to Top