05:07 PM EDT, 03/24/2026 (MT Newswires) -- CollPlant Biotechnologies ( CLGN ) said late Tuesday it has received a notice from Nasdaq for non-compliance with its listing rule due to a minimum bid price deficiency.

The company said the notice follows its class A shares closing below $1 for 30 consecutive business days.

CollPlant Biotechnologies ( CLGN ) has 180 calendar days, or until Sept. 21, to regain compliance, the company said, adding that if it fails to do so, its shares could face delisting.