Nasdaq Notifies Masonglory of Non-Compliance with $1 Minimum Bid Price Rule

Masonglory Limited (MSGY) has received a Nasdaq non-compliance notice for failing to meet the $1 minimum bid price rule. The company's shares traded below $1 for 30 consecutive business days. Masonglory has a 180-day compliance period to regain compliance and may consider a reverse stock split. Failure to meet requirements could lead to an additional 180-day extension or potential delisting.