Functional Brands Disclosed Failure to Satisfy a Continued Listing Rule or Standard
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Functional Brands has received a Nasdaq deficiency letter for failing to meet the $1.00 minimum bid price under Listing Rule 5550(a)(2) after 30 consecutive business days below the threshold. The company has until June 29, 2026, to regain compliance by maintaining a $1.00 bid for at least 10 consecutive business days, with a potential second 180-day period. A reverse stock split may be considered.
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