SciSparc (SPRC) said Wednesday it received a Nasdaq notification letter stating that it was granted an additional 180-day compliance period, or until July 14, to regain compliance with the stock exchange's minimum bid price rule.
The company said it didn't regain compliance with the minimum $1 bid price per share requirement during an initial 180-calendar-day compliance period and had filed a request to Nasdaq to get an additional 180-day extension.
SciSparc said the latest Nasdaq notification has no immediate effect on the listing or trading of its shares.
The company's shares were falling 1.5% in recent trading.
Price: 0.75, Change: -0.01, Percent Change: -1.48
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