Urgent.ly (ULY) said late Friday that the Nasdaq Stock Market has notified the company over its non-compliance with the exchange's minimum bid price requirement because its stock was below $1.00 per share for 30 consecutive business days.
The firm said it will review its options, including a reverse stock split, to meet the requirement. It has until March 31 to regain compliance.
Price: 0.6700, Change: +0.02, Percent Change: +3.49
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