Lucas gets Nasdaq notice for minimum bid price non-compliance

* Lucas GC (NASDAQ:LGCL [https://seekingalpha.com/symbol/LGCL]) on Thursday said it has received a notice from Nasdaq regarding non-compliance with the minimum bid price requirement.
* The company’s shares had closed below $1.00 for 30 consecutive business days, triggering the notice.
* The company has until March 4, 2026, to regain compliance; however, shares will continue trading on the exchange.
* Lucas said it may consider options including a reverse stock split if needed, to regain compliance.
* LGCL -2.03% premarket to $0.164.
* Source: Press Release [https://seekingalpha.com/pr/20229544-lucas-gc-limited-announces-receipt-of-nasdaq-notification-regarding-minimum-bid-price]

MORE ON LUCAS GC

* Financial information for Lucas GC [https://seekingalpha.com/symbol/LGCL/income-statement]