Moolec Science (MLEC) has released an update.
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Moolec Science SA, a leader in molecular farming for food ingredients, has been notified by Nasdaq of its share bid price falling below the $1.00 minimum requirement for the past 30 days, which could affect its continued listing. The company has 180 days to regain compliance, with a possible extension period, and is actively seeking solutions to meet Nasdaq’s standards. Despite this challenge, Moolec remains focused on its mission to revolutionize animal protein production through its technology.
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