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home / news releases / genetic technologies receives nasdaq notice for non

GENE - Genetic Technologies receives Nasdaq notice for non-compliance

Genetic Technologies Ltd

2023-07-21 09:07:39 ET

  • Genetic Technologies ( NASDAQ: GENE ) has received notification from Nasdaq as it is not in compliance with the minimum bid price requirement.
  • The closing bid price for the company’s ADS was below US$1.00 for 34 consecutive trading days.
  • If at any time before January 15, 2024, the bid price of the ADS closes at or above US$1.00 per ADS for a minimum of 10 consecutive business days, the company will regain compliance.
  • The company will continuously monitor the closing bid price of its ADS between now and January 15, 2024, and will evaluate its options to regain compliance with Nasdaq

For further details see:

Genetic Technologies receives Nasdaq notice for non-compliance
Stock Information
Company Name: Genetic Technologies Ltd
Stock Symbol: GENE
Market: NASDAQ
Website: gtglabs.com
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