Moolec Science (MLEC) has released an update.
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Moolec Science SA, a leader in molecular farming for food ingredients, has been notified by Nasdaq of its share bid price falling below the $1.00 minimum requirement for the past 30 days, which could affect its continued listing. The company has 180 days to regain compliance, with a possible extension period, and is actively seeking solutions to meet Nasdaq’s standards. Despite this challenge, Moolec remains focused on its mission to revolutionize animal protein production through its technology.
For further insights into MLEC stock, check out TipRanks’ Stock Analysis page.