FuelCell Energy stock below $1.00 for 30 days; Nasdaq gives 180 days to cure

FUELCELL ENERGY INC

Nasdaq notified FuelCell on May 31, 2024, that closing bid price was below $1.00 for 30 consecutive business days.
Company has until Nov 27, 2024 to regain compliance by closing at $1.00+ for 10 consecutive business days.
If not compliant by Nov 27, FuelCell may transfer to Nasdaq Capital Market for additional 180-day cure period, subject to conditions.
FuelCell intends to monitor stock price and consider options; no assurance of regaining compliance.

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