Nexalin Technology receives Nasdaq delisting notice for bid price below $1.00

Nexalin Technology, Inc.

Received Nasdaq notice on Sep 23, 2024 due to bid price below $1.00 for 30 consecutive business days.
Company has 180-day grace period until March 24, 2025 to regain compliance.
To regain compliance, closing bid price must be ≥ $1.00 for at least 10 consecutive business days.
If not compliant by March 24, 2025, may get additional 180-day period by transferring to Nasdaq Capital Market.
No final decisions made on response; company monitoring bid price and evaluating options.

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