CollPlant gets Nasdaq notice after shares trade below $1 for 30 days

Reuters

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CollPlant gets Nasdaq notice after shares trade below $1 for 30 days

CollPlant received a Nasdaq notice stating it is not compliant with Listing Rule 5550(a)(2) after its share bid price closed below USD 1.00 for 30 consecutive business days.
The company has 180 calendar days to regain compliance by having the bid price close at or above USD 1.00 for at least 10 consecutive business days.
If compliance is not regained by September 21, 2026, Nasdaq may allow an additional 180-day period if CollPlant meets other listing standards and submits a plan that may include a reverse share split.
Failure to regain compliance within the applicable period(s) could result in Nasdaq moving to delist the shares.

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. Collplant Biotechnologies Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202603241601PR_NEWS_USPR_____LN18176) on March 24, 2026, and is solely responsible for the information contained therein.

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