Mobilicom receives non-compliance notice of minimum bid price requirement from Nasdaq

  • Mobilicom (NASDAQ:MOB) on Friday announced it has received a notification of non-compliance from Nasdaq of not meeting the minimum bid price requirement for continued listing on the exchange.
  • The closing bid price for the company’s American Depositary Shares listed on the Nasdaq was below USD $1.00 for 30 consecutive trading days.
  • Press release.