Mdxhealth SA Receives Additional Non-Compliance Notice from Nasdaq
Mdxhealth SA (MDXH) has received an additional notification letter from Nasdaq regarding its continued non-compliance with the minimum price requirement for listed securities. This follows a prior notice related to the company's share price falling below $1, which is required under Nasdaq listing rules. The latest communication indicates that Mdxhealth still does not meet the necessary criteria despite previous warnings and potential corrective actions. The situation raises concerns about the company’s ability to maintain its stock market listing unless it takes effective measures such as a reverse stock split or other remedies within the compliance timeframe provided by Nasdaq.
Topics: compliance notice stock price