Helius Medical receives Nasdaq delisting notice for bid price below $1.00 for 30 days

Solana Co

Nasdaq letter dated Aug 9, 2024; compliance period until Feb 5, 2025 to regain minimum bid price.
Class A common stock (HSDT) must close at or above $1.00 for 10 consecutive business days.
If not cured by Feb 5, 2025, Company may qualify for additional 180-day extension by meeting other listing standards.
Company will monitor and consider options but cannot assure regaining compliance.

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