Cosmos Health Inc., a global healthcare group, has announced that it received a formal notice from the Nasdaq Stock Market LLC granting the company an additional 180-day compliance period. This extension, lasting until November 3, 2025, allows Cosmos Health more time to meet Nasdaq's minimum bid price requirement, which mandates that the closing bid price of its common stock must be at least $1.00 per share for a minimum of 10 consecutive business days. The company had initially been notified of its non-compliance with this requirement on November 6, 2024. Cosmos Health remains focused on regaining compliance and fulfilling all applicable listing requirements. CEO Greg Siokas expressed confidence in meeting the listing criteria within the extended timeframe.
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