Intelligent Bio Solutions Inc. recently resolved a regulatory compliance issue related to the Nasdaq Stock Market's minimum bid price requirement. The company had previously received notice from Nasdaq that its common stock had closed below $1.00 per share for 30 consecutive business days, putting its continued listing at risk under Nasdaq Listing Rule 5550(a)(2). However, the company regained compliance after its stock maintained a closing bid price of $1.00 or higher for 14 consecutive business days, and Nasdaq has confirmed that the matter is now closed.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intelligent Bio Solutions Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-000984), on January 08, 2026, and is solely responsible for the information contained therein.
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