Safety Shot Inc. announced that it has received a notice from Nasdaq indicating that the company's common stock has fallen below the minimum bid price requirement of $1.00 per share for 30 consecutive days, which is necessary for continued listing on the Nasdaq Capital Market. However, Nasdaq has granted Safety Shot Inc. an additional 180-day extension, until December 29, 2025, to regain compliance. The company plans to address this issue, potentially by implementing a reverse stock split. Despite the notice, the company's stock will continue to be listed and traded on Nasdaq during this period. There is no assurance that the company will successfully meet the requirement by the given deadline.
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