RedHill Biopharma Ltd. announced that on September 19, 2023, it received a letter from the Listings Qualifications Department of The Nasdaq Stock Market LLC indicating that, for the thirty consecutive business days from August 7, 2023, to September 18, 2023, the bid price for the Company’s American Depositary Shares had closed below the minimum $1.00 per share requirement for continued listing on The Nasdaq Global Market under Nasdaq Listing Rule 5450.
September 22, 2023
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