Spacehab Inc., a provider of commercial space services, announced Oct. 9 that its common stock has closed for more than 30 consecutive days below the minimum $1-per-share requirement for continued inclusion on the Nasdaq National Market.
In accordance with Nasdaq rules, Spacehab has been afforded 180 calendar days — until April 2 — to regain compliance. To meet this requirement, the stock must close at a minimum of $1 per share or more for 10 consecutive trading days.
