The company can still make it. As long as they are still growing at the pace they are. The problem is with the convertible debt expiring in Sept, there is a high probability there will be a 1 for 10 reverse split. They have 180 days from the time they get a 30 day delisting notice to get the stock price up.
There is also the possibility they could file an extension which would go longer than 180. But that's a case by case situation granted by the Nasdaq.
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