On July 17, 2026, the company received notice from Nasdaq that it is not in compliance with the $1.00 minimum bid price requirement under Listing Rule 5550(a)(2) after its stock closed below $1.00 for 30 consecutive business days from June 3 to July 16, 2026. The company has 180 days, until January 13, 2027, to regain compliance by maintaining a $1.00 bid price for at least 10 consecutive business days, with the possibility of a second 180-day period; failure to comply could result in delisting.
Original SEC Filing:
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