Bionano Genomics receives Nasdaq notice for bid price below $1.00; 180-day cure period

Bionano Genomics, Inc.

Nasdaq notified Bionano on July 12, 2024 that its stock closed below $1.00 for 30 consecutive trading days.
Company has 180 calendar days to regain compliance; closing bid price must be at least $1.00 for 10 consecutive business days.
If non-compliance persists, Bionano may seek an additional 180-day period if it meets other listing standards.
Stock continues trading on Nasdaq Capital Market under symbol BNGO; delisting possible if not cured.
Bionano intends to monitor the bid price and may consider options to regain compliance.

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