$NAKD bears lying to you as usual. From the actual 4/29 filing “In the event the Company does not regain compliance with Rule 5550(a)(2) within this compliance period, it may be eligible for additional time. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq, with the exception of the bid price requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period, including by effecting a reverse stock split, if necessary.” Same exact language used as the previous filing when they were noncompliant. When that period ended they got an extension approved Nov 2020. All they had to say was they will effect a R/S during the 2nd period if they cant regain compliance and they were approved. 2 months later it was $3.40. Then it held $1 and regained compliance There’s no surprise R/S. Bears lying as always
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