Mobile-health Network Solutions (MNDR) said late Friday it had been notified that it is not in compliance with Nasdaq's minimum bid price rule.
The company's share price was below $1 for 30 consecutive business days. It has until March 17 to regain compliance.
If it fails to do so, the company may qualify for an additional 180-day extension.
Shares of the company were down more than 3% in after-market trading hours.
Price: 0.7523, Change: -0.03, Percent Change: -3.43
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