Village farms international granted 180-day extension to meet nasdaq minimum bid price requirement

Vancouver, british columbia, oct. 18, 2023 (globe newswire) -- village farms international, inc. (“village farms” or the “company”) (nasdaq: vff) today announced it received notification from the nasdaq stock market llc (“nasdaq”) that nasdaq has approved the company's request for a 180-calendar day extension (the “extension”) to regain compliance with the minimum closing bid price of us$1.00 per share listing requirement (nasdaq listing rule 5550(a)(2)). the extension follows the expiration on october 17, 2023 of the initial 180-calendar day period to regain minimum closing bid price compliance.   as a result of the extension, the company now has until april 15, 2024 (the “new compliance period”) to regain compliance with the minimum bid requirement.
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