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.
For further details see:
China Jo-Jo Drugstores gets Nasdaq non-compliance notice