NeuroOne Medical Technologies Corporation has announced that it received a notification from the Nasdaq Stock Market indicating a failure to meet the minimum bid price requirement for continued listing. The company's common stock has had a closing bid price below $1.00 per share for 30 consecutive business days, prompting the notice. According to Nasdaq rules, the company has 180 calendar days, until November 3, 2025, to regain compliance by ensuring its stock price closes at or above $1.00 per share for at least 10 consecutive business days. NeuroOne is actively monitoring its stock price and exploring options to address the deficiency. If the company fails to meet the requirement within the given timeframe, it may be subject to delisting but could appeal the decision or seek additional time to comply.
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