CollPlant Biotechnologies Receives Nasdaq Warning Over Minimum Bid Requirement

CollPlant Biotechnologies received a Nasdaq notification for minimum bid requirement non-compliance, with a 180-day compliance period to regain compliance. The company's ordinary shares must meet or exceed $1.00 per share for 10 consecutive business days during the compliance period to avoid delisting. CollPlant intends to monitor the share price and consider available options to regain compliance. The company's ordinary shares will continue to be listed and trade on Nasdaq during this period.