Capital Markets & Securities Law Watch

With unprecedented market volatility tied to the global coronavirus outbreak and crude oil price drops, many publicly traded companies have experienced considerable declines in their share prices. Depending on the extent and duration of the decline, some public companies may soon receive a notice regarding non-compliance with stock exchange minimum listing standards – namely, that their share price has fallen below the $1.00 per share minimum closing price threshold for more than 30 consecutive trading days.