Chijet Motor (CJET) announced it received a letter from Nasdaq notifying the company that it is not in compliance with the minimum bid price requirement of $1.00 per share. Chijet has a compliance period of 180 calendar days, or until April 13, 2026, to regain compliance. The company intends to monitor its closing bid price and will consider available options, including a reverse stock split, to regain compliance.
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