TRIB - Trinity Biotech gets Nasdaq non-compliance notice on minimum bid price requirement
2023-04-24 18:36:40 ET
- Trinity Biotech ( NASDAQ: TRIB ) on Monday said it had got a notice that it was not in compliance with a Nasdaq listing rule on minimum stock bid price.
- The company got the non-compliance notice as the minimum bid price of its American depositary shares has been below $1/share for 30 consecutive business days.
- TRIB has until October 16 to regain compliance with the minimum bid price requirement.
- The notice has no immediate effect on the listing of the company's American depositary shares.
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Trinity Biotech gets Nasdaq non-compliance notice on minimum bid price requirement