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Houston-based ACR Group reported that it received a Nasdaq Staff Determination indicating that its securities are subject to delisting from The Nasdaq SmallCap Market.
Houston-based ACR Group reported that it received a Nasdaq Staff Determination indicating that ACR fails to comply with the minimum bid price requirement for continued listing and that its securities are subject to delisting from The Nasdaq SmallCap Market.
ACR has requested a hearing before a Nasdaq Listing Qualifications Panel to review the determination. The appeal will stay the delisting pending the panel's decision.