ParaZero receives Nasdaq notice over minimum bid price deficiency

* ParaZero Technologies (Nasdaq: PRZO [https://seekingalpha.com/symbol/PRZO]) on Friday said it received a notice from Nasdaq that the company is not in compliance with the exchange’s minimum bid price requirement for continued listing.
* The company said Nasdaq rules require listed securities to maintain a minimum bid price of $1 per share.
* ParaZero said it has until November 2, 2026, to regain compliance by maintaining a closing bid price of at least $1 for a minimum of 10 consecutive business days.
* The company said the notice has no immediate effect on its Nasdaq listing or trading of its shares under the ticker symbol “PRZO.”
* ParaZero added it may be eligible for an additional 180-day compliance period if it meets certain continued listing requirements.
* Source: Press Release [https://seekingalpha.com/pr/20508179-parazero-announces-receipt-of-nasdaq-minimum-bid-price-notification]

MORE ON PARAZERO TECHNOLOGIES

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* Financial information for ParaZero Technologies [https://seekingalpha.com/symbol/PRZO/income-statement]