Alto Ingredients Inc. announced on May 19, 2025, that it received a notification from The Nasdaq Stock Market regarding non-compliance with the minimum bid price requirement. The company's common stock has closed below the $1.00 per share threshold for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Alto Ingredients has been given 180 days, until November 15, 2025, to regain compliance by ensuring its stock price meets or exceeds $1.00 for at least 10 consecutive business days. Failure to do so may lead to delisting, although the company could be granted an additional 180 days if it meets certain criteria, potentially involving a reverse stock split to address the deficiency.
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