PSHG - Performance receives Nasdaq notification regarding minimum bid price requirement

• Performance Shipping ( NASDAQ: PSHG ) received Nasdaq notification dated July 13, 2022, regarding minimum bid price requirement.
• The company has grace period of 180 days or until January 9, 2023 to regain compliance.
• If the company fails to regain compliance with the minimum bid price requirement within the grace period, the company may be eligible for an additional 180 day grace period to regain compliance.
• The company will monitor the closing bid price of its common stock during this grace period and will consider its options to cure the deficiency.
• Shares +4.15% premarket

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