Palisade Bio Inc. has announced that it received a notice from The Nasdaq Stock Market LLC regarding non-compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company's common stock has closed below the $1.00 per share minimum for 30 consecutive trading days. Currently, the listing of Palisade Bio's common stock remains unaffected, and it continues to trade under the symbol "PALI." The company now has 180 calendar days to regain compliance by achieving a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. If necessary, an additional 180-day period may be granted, provided other listing standards are met. Palisade Bio is monitoring the situation and may explore options to address the deficiency.
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