Zentek Ltd. announced on August 27, 2025, that it received a written notification from the Nasdaq Stock Market LLC regarding non-compliance with Nasdaq Listing Rule 5550(a)(2).
The deficiency stems from the company's common shares trading below US $1.00 per share for 31 consecutive business days.
Zentek has a period of 180 calendar days, until February 23, 2026, to regain compliance with the minimum bid price requirement, or face potential delisting.
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