BioLineRx Ltd (BLRX)

[Amatuer17]

So it closed for $1 and above - can it do it for 30 consecutive days

“The Notification Letter has no immediate effect on the listing of the ADSs, and they will continue to trade on The Nasdaq Capital Market under the symbol “BLRX.” In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has a grace period of 180 calendar days, or until October 22, 2018 (“Compliance Period”), to regain compliance with the minimum bid price requirement. To regain compliance, the bid price of the Company’s ADSs must meet or exceed $1.00 per share for at least ten consecutive business days during the Compliance Period.
“