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CJJD - China Jo-Jo Drugstores gets Nasdaq non-compliance notice
China Jo-Jo Drugstores Inc.
2023-06-19 07:11:54 ET
China Jo-Jo Drugstores ( NASDAQ: CJJD ) received a letter from Nasdaq for not being in compliance with the $1 minimum bid price requirement for continued listing on the exchange.
The company has 180 calendar days, or until Dec. 12, to regain compliance. The closing price of the company's ordinary shares should be at least 1 per share for a minimum of 10 consecutive business days.
The company said it plans to monitor the closing bid price of its ordinary shares between now and Dec. 12.