As previously announced NASDAQ notified the company that the closing bid price of Dynasil's common stock had fallen below $1.00 per share over the previous 30 consecutive business days. As a result, the company was not in compliance with the minimum bid requirement.
Its common stock had been $1.00 per share or greater for 10 consecutive business days. Dynasil has regained compliance and the NASDAQ now considers the matter closed.