TOMI Environmental Solutions (TOMZ) has released an update.
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TOMI Environmental Solutions, Inc. has been warned by Nasdaq for not meeting the minimum stock price requirement, with its shares trading below $1 for 30 days. Although this doesn’t immediately affect its listing, the company has 180 days to fix the issue. Compliance can be achieved if its stock price hits $1 for at least 10 consecutive days before the deadline. TOMI is considering its options to meet Nasdaq’s standards.
For further insights into TOMZ stock, check out TipRanks’ Stock Analysis page.