Digital Ally (DGLY) said Thursday it has received a notice from the Nasdaq Stock Market over its non-compliance with the exchange's $1 minimum bid price requirement for continued listing.
The company has until June 18 to regain compliance, according to a filing with the US Securities and Exchange Commission.
Digital Ally said it is considering various measures to resolve the deficiency and regain compliance.
The company's shares were down over 6% in recent trading.
Price: 0.50, Change: -0.03, Percent Change: -6.45
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