08:01 AM EDT, 06/26/2025 (MT Newswires) -- ProPhase Labs ( PRPH ) said Thursday it has received a 180-day extension from Nasdaq to meet the minimum $1 bid price requirement for continued listing.

ProPhase is given until December 22 to regain compliance by having its shares close at or above $1 for at least 10 consecutive business days by the deadline. The company failed to meet the requirement by the initial June 24 deadline.

ProPhase said it was granted another extension as it meets all other listing standards for the Nasdaq Capital Market.