04:28 AM EDT, 03/14/2025 (MT Newswires) -- Inspira (IINN) said Thursday it has received a notice from Nasdaq over its non-compliance with the continued listing requirement to maintain a minimum bid price of $1 per share for 30 consecutive business days.

The company said it has until Sept. 8 to regain compliance.

Inspira said it is considering options and plans to resolve the situation and may qualify for a second compliance period if it meets other listing standards.

The company's shares were down more than 3% in recent Friday premarket activity.

Price: 0.68, Change: -0.025, Percent Change: -3.57