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Diversicare Healthcare falls short of Nasdaq's listing requirements

Nasdaq notified Diversicare Healthcare Services Inc. that its market value of listed securities fell below the exchange's minimum listing requirement of $35 million.

The company has until June 17, 2019, to regain compliance with Nasdaq's listing requirement by maintaining at least $35 million in the market value of listed securities for 10 consecutive days.

Diversicare is actively monitoring its stock price and will consider all options available to regain compliance, it said.