Intelligent Living Gets NASDAQ Compliance Extension

Intelligent Living Application Group Incorporation (ILAG) has released an update.

Intelligent Living Application Group Inc., a Hong Kong-based lockset manufacturer, has received a 180-day extension from NASDAQ to meet the minimum bid price requirement for continued listing. The company is considering measures, including a potential reverse stock split, to boost its share price above $1.00 and maintain its listing status. During this period, Intelligent Living’s shares will remain traded on the NASDAQ under the symbol ‘ILAG’.

For further insights into ILAG stock, check out TipRanks’ Stock Analysis page.