09:56 AM EDT, 06/07/2024 (MT Newswires) -- ATA Creativity Global ( AACG ) said Friday that it received a notice from Nasdaq over its non-compliance with the bourse's minimum bid price requirement of $1 per share.

The company said it has 180 calendar days or until Nov. 25 to regain compliance with the listing rule and that it "seeks to cure the deficiency" within the given compliance period.

Shares of the company fell 1.2% in recent trading.

Price: 0.82, Change: -0.01, Percent Change: -1.20