Ondas Holdings Inc. has announced that it received a deficiency letter from The Nasdaq Stock Market LLC, indicating that the company's common stock has fallen below the minimum bid price requirement of $1.00 per share for 30 consecutive business days. This puts the company at risk of being delisted from The Nasdaq Capital Market. Ondas has been given a 180-day period until November 12, 2025, to regain compliance by ensuring its stock closes at or above $1.00 per share for at least ten consecutive business days. The company is actively monitoring its stock price and considering all available options to rectify the situation. If compliance is not achieved, Ondas may qualify for an additional 180-day extension, subject to certain conditions. Failure to comply could ultimately lead to delisting, although the company can appeal such a decision.
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