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SPI receives Nasdaq noncompliance notice

SPI Energy Co. Ltd. has been notified that it failed to meet the minimum bid price requirement under Nasdaq's listing rules, according to a March 19 news release.

The company's minimum bid price per ordinary share fell below the required $1 for 30 consecutive business days. SPI has until Sept. 10 to regain compliance by having at least $1 for a minimum of 10 consecutive business days.