Replies to post #1168 on Evofem Biosciences Inc (EVFM)

[Smilin_B]

They would had to have had a closing bid of $1 from August 8th and each subsequent day all the way through the closing bell on August 22nd. If the share price fell below $1 at the close of business on any day from August 8th through August 22nd, then the NASDAQ would sanction them with a delisting. The company only has a choice to reverse split the shares or allow the delisting process to take place