Westport Fuel Systems announced that on April 26, 2023, it received a written notice from The Nasdaq Stock Market LLC notifying that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1). The company also announced that the Board has approved a consolidation of the company’s issued and outstanding common shares at a consolidation ratio of 10-for-1.
Published first on TheFly
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