04:56 PM EDT, 07/26/2024 (MT Newswires) -- Rail Vision ( RVSN ) said Friday it got a noncompliance notice from Nasdaq on Monday for not complying with the exchange's minimum bid price requirement.

The company received the notice after it failed to maintain a minimum bid price of $1 a share over 30 straight business days.

Rail Vision ( RVSN ) has until Jan. 21 to regain compliance with a closing bid price of $1 for at least 10 straight business days.

The company said it will consider available options to regain compliance with the continued listing requirement.

Rail Vision ( RVSN ) shares were down 6% in after-hours activity.

Price: 0.8316, Change: -0.05, Percent Change: -5.96