What Else?

This decision, made by the Board of Directors, arises from the substantial costs and regulatory burdens involved in addressing Nasdaq's noncompliance notices. Trading for Kubient's stock and warrants on Nasdaq will halt on November 17, with the formal delisting occurring approximately ten days later.

The company plans to file its financial information with the SEC and aims to have its stock quoted on the Pink Sheets or another market operated by OTC Markets Group Inc., though the continuity of trading isn't guaranteed.

See Also: Why AerCap Shares Are Falling Today

According to data from Benzinga Pro, KBNT has a 52-week high of $1.60 and a 52-week low of $0.11.