- Kandal M Venture (FMFC) on Tuesday received a Nasdaq noncompliance notice dated December 22, 2025, after its shares traded below the $1.00 minimum bid price for 30 consecutive business days, no longer complying with Nasdaq Listing Rule 5550(a)(2).
- The company has a compliance period of 180 calendar days to regain compliance.
- The company would be assessing all possible options to regain timely compliance with Nasdaq’s continued listing requirements.
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