- Kandal M Venture (FMFC) received a notice of noncompliance from Nasdaq on Tuesday, dated December 22, 2025, after its shares traded below the minimum bid price of $1.00 for 30 consecutive business days, no longer complying with Nasdaq Listing Rule 5550(a)(2).
- The company has a compliance period of 180 calendar days to return to compliance.
- The company would evaluate all possible options to return to compliance with Nasdaq’s continued listing requirements in a timely manner.
Learn more about Kandal M Venture Limited
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