Chanticleer Holdings Inc. (NASDAQ:HOTR) is in danger of having its stock delisted. The Charlotte-based restaurant company was notified by NASDAQ’s Listing Qualifications Department that its stock has closed below the $1 per share minimum bid price for 30 consecutive business days, according to a U.S. Securities and Exchange Commission filing. It must now take steps to raise its share prices to avoid being delisted. “At the current time, our business is being valued at a discount to others…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/02/23/nasdaq-warns-charlotte-restaurant-group-its-stock.html
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