On July 14, 2026, the company received letters from Nasdaq stating it is not in compliance with the Nasdaq Global Market requirements for minimum $1.00 bid price, $15 million market value of publicly held shares, and $50 million market value of listed securities. The company has 180 days, until January 11, 2027, to regain compliance, with no immediate impact on its listing; achieving compliance for 10 consecutive business days would resolve the matter.
Original SEC Filing:
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