MicroAlgo Faces Nasdaq Minimum Price Warning

MicroAlgo (MLGO) has released an update.

MicroAlgo Inc. has been notified by Nasdaq that its stock price has fallen below the $1 minimum bid requirement for the past 31 days, which could affect its listing status if not corrected. The company has a 180-day period until March 24, 2025, to regain compliance, with the possibility of an extension. MicroAlgo assures investors that business operations are unaffected and it intends to take measures to address the issue.

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