MWYN Rallies in New York, Still Faces $1 Nasdaq Rule
Marwynn Holdings Inc. shares climbed 4% Thursday, changing hands at $0.887 on Nasdaq. The stock is still below the $1 minimum to keep its listing. Roughly 91,000 shares traded so far, putting Marwynn’s market cap at $17.9 million. Investors have a problem. Marwynn said back in February it got a notice from Nasdaq for trading under the $1 minimum bid. The shares need to stay at $1 or higher, or they could lose their listing. Marwynn has until July 28, 2026, to get the price up and keep it above $1 for 10 straight business days to regain compliance.