Highway Holdings Receives Nasdaq Warning Over Low Share Price

Highway Holdings has received a notification from Nasdaq regarding a minimum bid price deficiency. The company's common shares have been below the $1.00 per share requirement for 30 consecutive business days. Highway Holdings has been granted an initial compliance period of 180 days to regain compliance with the minimum bid price requirement. If the company fails to comply, it may be eligible for a second 180-day grace period or risk delisting from Nasdaq.