05:22 PM EDT, 07/15/2025 (MT Newswires) -- Paranovus Entertainment Technology ( PAVS ) received a noncompliance notice from Nasdaq after the shares traded below the $1 minimum bid price for 30 straight business days.

The deadline to regain compliance is Jan. 7, Paranovus said Tuesday in a statement.

If the closing share price is $1 or more for at least 10 straight business days before the deadline, Nasdaq will send a letter to confirm compliance, the company said.