10:29 AM EDT, 06/14/2024 (MT Newswires) -- CLPS Incorporation (CLPS) said Friday it has been notified that it is not in compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market.

The company failed to maintain a minimum bid price of $1 per share for 30 consecutive business days. It has until Dec. 9 to regain compliance with Nasdaq's listing rule.

CLPS ( CLPS ) may also be eligible for an additional 180-day compliance period by transferring to the Nasdaq Capital Market from Nasdaq Global Market.

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