12:18 PM EDT, 07/16/2024 (MT Newswires) -- SciSparc ( SPRC ) said Tuesday that the Nasdaq Stock Market has notified the company of its noncompliance with the $1 per-share minimum bid price rule for continued listing on the exchange.

Citing the notice, the company said it has until Jan. 13 next year to regain compliance with the requirement.

The notice has no immediate effect on its Nasdaq listing or the trading of its shares, the company said.

The stock was up more than 12% in recent trading.

Price: 0.95, Change: +0.10, Percent Change: +12.38