RegulatoryJul 2, 2026, 04:02 PM
MDxHealth Receives Nasdaq Minimum Bid Price Non-Compliance Notice
AI Summary
MDxHealth SA announced it received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement of US$1.00 per share. The company has been granted 180 calendar days, until December 28, 2026, to regain compliance by maintaining a closing bid price of at least US$1.00 for 10 consecutive business days. MDxHealth stated its business operations are unaffected and it may consider options like a reverse share split to address the deficiency.
Key Highlights
- MDxHealth received a Nasdaq non-compliance notification on June 30, 2026.
- The company is not in compliance with the US$1.00 minimum bid price requirement.
- MDxHealth has 180 calendar days, until December 28, 2026, to regain compliance.
- To regain compliance, shares must close at US$1.00 or more for 10 consecutive business days.
- The company may consider a reverse share split to meet the requirement.
- Business operations are not affected by the notification.
Price Impact
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