Clps (CLPS) has released an update.
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CLPS Incorporation has been notified by Nasdaq of non-compliance with the minimum bid price rule, after its share price dropped below $1 for 30 consecutive days. The company has been given a 180-day period to meet the requirement, with the possibility of an additional 180 days by transferring to the Nasdaq Capital Market. CLPS asserts that this notice will not impact its business operations and is taking measures to regain compliance.
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