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DRUG - Bright Minds receives non-compliance letter from Nasdaq
Bright Minds Biosciences Inc.
Bright Minds ( NASDAQ: DRUG ) said it received a notification from the Nasdaq that it was not in compliance as its shares were below the minimum bid price requirement of $1.00 per Share.
The company has 180 calendar days, or until July 25, to regain compliance.
DRUG said it will continuously monitor its closing bid prices between now and July 25, and evaluate its options to regain compliance with Nasdaq.