NewsMV
(NASDAQ: SLSN) received a written notice from the Listing Qualifications Department of Nasdaq Stock Market on September 29, 2026, indicating the company is no longer in compliance with the $1.00 Minimum Bid Price requirement for continued listing on The Nasdaq Capital Market.
The notice cites that the closing bid price for Solsence common stock fell below $1.00 per share for 30 consecutive trading days, violating Nasdaq Listing Rule 5550(a)(2).
This development places the company in a position where it must act to maintain its exchange status, a process that carries significant uncertainty for holders of the stock.
The notice does not have an immediate effect on the listing of Solsence common stock on The Nasdaq Capital Market, nor does it alter the company's reporting requirements with the Securities and Exchange Commission.
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