>> RIBT needs $1.00 7 consecutive days or reverse split by about August 1st <<
Is that to avoid a de-listing?
>>> If a company trades for 30 consecutive business days below the $1.00 minimum closing bid price requirement, Nasdaq will send a deficiency notice to the company, advising that it has been afforded a "compliance period" of 180 calendar days to regain compliance with the applicable requirements. <<<
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