Farmmi Inc. (FAMI) Receives Nasdaq Non-Compliance Notice

Farmmi, Inc. (NASDAQ: FAMI), an agriculture products supplier in China, today announced that on April 13, 2023, it received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through October 9, 2023. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's ordinary shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by October 9, 2023.

You May Also Be Interested In

• loanDepot receives NYSE non-compliance notice over stock price
• enVVeno Medical (NVNO) files $100M mixed shelf
• Lazard Global Total Return fund declares $0.1534 monthly distribution