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Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ:NUTX), a physician-led, technology-enabled integrated healthcare delivery system comprised of 22 state-of-the-art micro hospital facilities in 8 states and primary care-centric, risk-bearing physician networks, today announced that it has received a letter from Nasdaq granting it an additional 180-day extension, or until May 20, 2024, to evidence compliance with Nasdaq's $1.00 minimum bid requirement.
The Company can cure this deficiency if the closing bid price of its shares of Common Stock is $1.00 per share or higher for at least 10 consecutive business days during the additional compliance period. The Company intends to regain compliance with the minimum bid price requirement on or before May 20, 2024.
Posted In: NUTX