MultiSensor AI receives Nasdaq bid price deficiency notice for MSAI common stock

MultiSensor AI Holdings, Inc.

On May 15, 2025, Nasdaq notified MSAI that its common stock bid price closed below $1.00 for 30 consecutive business days.
Company has 180 calendar days, until November 11, 2025, to regain compliance by closing at $1.00+ for 10 consecutive days.
If not compliant by deadline, may qualify for a second 180-day period if it meets other listing standards and notifies Nasdaq.
MSAI is evaluating options including a reverse stock split but cannot assure it will regain compliance.

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