Vafias spin-off C3is faces Nasdaq delisting

Harry Vafias-backed spin-off C3is is grappling with the risk of being delisted from Nasdaq after receiving a staff determination letter from the stock exchange’s listing qualifications department. The Athens-based bulker and tanker company, which has already been facing issues with failing to meet minimum share-price requirements for trading below $1 for thirty consecutive days, has …

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