On July 2, 2026, the company received a Nasdaq notice that it no longer meets the $35 million Market Value of Listed Securities requirement under Listing Rule 5550(b)(2) and does not meet the alternative equity or net income standards. There is no immediate impact on trading, and the company has 180 days, until December 29, 2026, to regain compliance by achieving at least $35 million MVLS for a minimum of ten consecutive business days (Nasdaq may require up to twenty days).
Original SEC Filing:
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