My understanding is that company has until March to bring back the price back to $1 and, if necessary, they can still file for an extension of another 6 months. Since it would be the first request of extension, there is little risk it would not be granted. In short, risk of delisting or reverse split is pretty low at this point.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.