SANTA BARBARA, Calif.-Superconductor Technologies Inc. said the Nasdaq Stock Market has notified it that its minimum share price has fallen below the $1 per-share minimum requirement for the last 30 days.
The company has 180 days, or until Oct. 3, to regain compliance with the exchange’s rules or it could be delisted. STI’s common stock must trade at $1 or more for 10 consecutive days to regain compliance.
