Polyrizon (PLRZ) said Friday it received a notice from Nasdaq for noncompliance with the minimum closing share price requirement of $1.00 over 30 consecutive business days.
The company has until Oct. 6 to regain compliance with the listing standards.
It must maintain a minimum closing bid price of at least $1.00 per share for 10 consecutive trading days to meet the requirement, Polyrizon added.
Shares of Polyrizon were down 5% in after-hours trading.
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