Pyxis Tankers has received a deficiency notice from the Nasdaq Stock Market for its stock staying below $1 for 30 straight days.
The Eddie Valentis-led company said it has until 5 March to regain Nasdaq compliance by bringing its shares back to the $1 minimum.
If we are unable to demonstrate compliance with these continued listing requirements on or before March 5, 2019, we may be eligible for additional time to regain compliance with the exchange's continued listing requirements, Pyxis said.
