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Moolec Science Granted Temporary Nasdaq Compliance Exception

Story Highlights
  • Moolec Science received a temporary exception to comply with Nasdaq’s Bid Price Rule.
  • The company must execute a reverse stock split and maintain a $1 bid price to avoid delisting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Moolec Science Granted Temporary Nasdaq Compliance Exception

Moolec Science ( (MLEC) ) has provided an announcement.

Moolec Science SA received a temporary exception from the Nasdaq Hearings Panel to comply with the Bid Price Rule by May 30, 2025. The company must obtain shareholder approval for a reverse stock split by April 22, 2025, and maintain a $1 closing bid price for ten consecutive business days by May 16, 2025, to avoid delisting.

More about Moolec Science

Moolec Science SA is a company operating under the laws of the Grand Duchy of Luxembourg. It is a public limited liability company listed on NASDAQ, focusing on innovative science and technology solutions.

YTD Price Performance: -29.15%

Average Trading Volume: 18,824

Technical Sentiment Signal: Strong Buy

Current Market Cap: $23.31M

For detailed information about MLEC stock, go to TipRanks’ Stock Analysis page.

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