On July 22, 2026, the company received a Nasdaq notice that it failed to meet the $1.00 minimum bid price for 30 consecutive business days under Listing Rule 5450(a)(1). The company has 180 days until January 19, 2027 to regain compliance for at least 10 consecutive business days; shares continue trading on the Nasdaq Global Select Market under LAB and the company may be eligible for an additional 180-day period by transferring to the Nasdaq Capital Market.

Original SEC Filing:

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