Elutia received a Nasdaq notice for failing to meet the $1 minimum bid price rule, with shares below $1 for 30 straight business days.
The stock remains listed on the Nasdaq Capital Market under ELUT during a 180-day compliance window running to Feb. 2, 2027.
Compliance requires a closing bid of at least $1 for 10 consecutive business days, subject to Nasdaq discretion.
Failure to regain compliance could trigger delisting risk, unless Nasdaq grants a second 180-day cure period tied to eligibility and a potential reverse split.
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