Baijiayun Group Ltd. (RTC) has released an update.
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Baijiayun Group Ltd, an AI video solution provider, has been notified by Nasdaq of non-compliance with its minimum bid price requirement, with its shares closing below $1.00 for 30 consecutive days. The company has 180 days to regain compliance by ensuring its share price meets or exceeds $1.00 for at least 10 consecutive trading days. Despite the notice, Baijiayun’s business operations and compliance with other Nasdaq listing standards remain unaffected.
For further insights into RTC stock, check out TipRanks’ Stock Analysis page.