What happens if Ebet is removed from the NASDAQ exchange?
If Ebet is removed from the NASDAQ exchange, it would likely have significant implications for the company and its investors. Such a removal could signal to the market a lack of financial stability or regulatory compliance, potentially leading to a decline in investor confidence and a drop in the company's stock price. It could also affect the company's ability to raise capital through the stock market, limiting its growth potential. Furthermore, it may raise questions about the management and oversight of the company, further eroding its reputation and market position. In summary, a NASDAQ delisting for Ebet could be a major setback, requiring swift and decisive action to restore investor trust and market stability.