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Novogen gets Nasdaq noncompliance notice

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Novogen gets Nasdaq noncompliance notice

Australia's Novogen Ltd. is no longer in compliance with Nasdaq's minimum share price listing requirement of $1 apiece.

The company has 180 calendar days to regain compliance, and the notice has no immediate effect on the company's listing or trading on the exchange.

Novogen said it plans to regain compliance with the exchange's requirement.