Will cmct be delisted?

**CMCT is at risk of being delisted**. Here's the analysis to support this conclusion:

1. **Current Stock Analysis**: CMCT's stock price has experienced significant declines, with a closing price of $0.46 as of October 25, 2024. This is well below the minimum bid price of $4 and closing price of $3 required for initial listing on Nasdaq, as outlined in Rule 5505(b).

2. **Market Capitalization**: CMCT's market capitalization stands at $10.7 million, which is relatively low, especially considering Nasdaq's requirements for companies listed on its Global Select Market, which have a minimum market capitalization of $50 million[1].

3. **Non-compliance with Nasdaq Rules**: CMCT's non-compliance with the minimum bid and closing price requirement is a clear violation of Nasdaq's listing rules. Nasdaq has strict guidelines that companies must maintain certain financial standards and prices to remain listed, and CMCT is currently not meeting these standards.
4. **Recent Performance and Analyst Ratings**: CMCT has experienced significant stock price declines, with a 3-month decrease of 71.97% and a 6-month loss of 83.10%. Additionally, the company has been rated as "sell" by analysts from StockNews.com, which suggests a lack of confidence in the company's future performance.
5. **Redemption of Preferred Stock**: CMCT has recently announced the redemption of its preferred stock, which will result in the issuance of common stock. This move could potentially help the company regain compliance with Nasdaq's listing requirements, but it is not a guarantee of continued listing status.
6. **Nasdaq's Delisting Process**: According to Nasdaq's rules, if a company fails to meet the continued listing requirements, Nasdaq will process the delisting in accordance with the provisions set forth in the Rule 5800 Series. This indicates that CMCT could be subject to delisting if it does not rectify its non-compliance issues.

In conclusion, CMCT's current stock price, market capitalization, and non-compliance with Nasdaq's listing rules suggest that the company is at risk of being delisted. However, the outcome will depend on CMCT's ability to regain compliance with Nasdaq's requirements, which could be influenced by the company's strategic moves, such as the redemption of preferred stock, and its performance in the future.