regulatory
confidence high
sentiment negative
materiality 0.65
Standard BioTools receives Nasdaq deficiency notice for bid price below $1.00
STANDARD BIOTOOLS INC.
- Closing bid price below $1.00 for 30 consecutive business days triggered the notice.
- Company has 180 calendar days, until January 19, 2027, to regain compliance.
- If eligible, may transfer to Nasdaq Capital Market for an additional 180-day cure period.
- No immediate effect on trading of LAB common stock on Nasdaq.
- Company intends to work toward compliance, e.g., via reverse stock split if needed.