As previously disclosed, Nasdaq notified the company it was not in compliance with Listing Rule 5550(b)(1) requiring at least $2.5 million in stockholders' equity. The company submitted a compliance plan on July 1, 2026 and closed a $6.6 million offering on June 30, 2026, and believes it has regained compliance. Nasdaq will continue to monitor and the company could face delisting if its next periodic report does not evidence compliance.
Original SEC Filing:
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