04:08 AM EDT, 09/23/2024 (MT Newswires) -- Mobile-health Network Solutions ( MNDR ) said late Friday it had been notified that it is not in compliance with Nasdaq's minimum bid price rule.

The company's share price was below $1 for 30 consecutive business days. It has until March 17 to regain compliance.

If it fails to do so, the company may qualify for an additional 180-day extension.

Shares of the company were down more than 3% in after-market trading hours.

Price: 0.7523, Change: -0.03, Percent Change: -3.43