MultiSensor AI Holdings, Inc. has announced that it received a notification from the Nasdaq Stock Market indicating noncompliance with the minimum bid price requirement for its common stock. For the past 30 business days, the company's stock price has closed below the $1.00 threshold, risking delisting from the Nasdaq Capital Market. The company has until November 11, 2025, to regain compliance by achieving a $1.00 closing bid price for at least 10 consecutive business days. MultiSensor AI is exploring options, including a potential reverse stock split, to meet the requirement. If unsuccessful by the deadline, an additional 180-day extension may be sought, contingent on meeting other listing criteria.
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