Garden Stage (GSIW) said Monday it received a notice from the Nasdaq Stock Market that it is not compliant with the exchange's $1 minimum bid price requirement.
In order to cure the deficiency, the company must maintain a closing bid price of at least $1 per share for a minimum of 10 consecutive business days, it said.
The company has until June 23 to regain compliance with the exchange's listing rules, subject to a potential extension.
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