MicroVision, Inc. (MVIS) announced the company received a notice from The Nasdaq Stock Market advising the company that for 30 consecutive business days preceding December 28, 2018, the bid price of the company's common stock had closed below the $1.00 per share minimum required for continued listing on The Nasdaq Global Market. The company has 180 calendar days, or until June 26, 2019, to regain compliance with this requirement.
MicroVision said it is monitoring the bid price for its common stock. The company said it continues to execute its business plan and will consider other actions that it may take in order to regain compliance with the listing requirements.
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