LeddarTech (LDTC) said late Friday it has received a letter from Nasdaq stating that it failed to meet the minimum bid price of $1 per share required for continued listing based on the closing bid price of its shares from Feb. 4 to March 18.
The company said it was given 180 calendar days to regain compliance.
LeddarTech said it will monitor the closing bid price of its shares and will also assess options to regain compliance with the requirement.