Elite Express Holding Inc. (ETS) Form 8-K Summary
This 8-K reports a material event regarding Nasdaq listing compliance as of October 31, 2025.
- Material Event: The Company received a Nasdaq notification regarding a minimum bid price deficiency.
- Issue: The closing bid price for Class A Common Stock (ETS) has been below $1.00 for 30 consecutive business days.
- Compliance: The Company has a 180-calendar day compliance period, ending April 29, 2026.
- Strategy/Risk:
- Compliance requires the bid price to reach $1.00 for 10 consecutive days.