PRF Technologies received a Nasdaq notice for failing to meet the minimum $1.00 bid price requirement due to its shares trading below that level for 30 consecutive days. Because of a recent reverse share split, the company is not eligible for the usual 180-day compliance period and faces delisting. PRF has requested a hearing to contest the delisting and will continue trading on Nasdaq pending the decision. The company plans to present a compliance plan, potentially including another reverse split, aiming to regain listing status by May 2027.
PRF Technologies faces a Nasdaq delisting determination due to its shares trading below the $1.00 minimum bid price for 30 consecutive days. For readers following the health sector, here is Pluang's market snapshot as of Nov 13, 2026 04:11 WIB: out of 150 priced US health-sector stocks, 23 rose and 124 fell. Notable movers include Moderna, Inc. (MRNA) at USD 230.95 with a 1-day change of -7.13% and a typical hold time on Pluang of 58 days, Butterfly Network Inc. (BFLY) at USD 6.64 down 7.00%, and Recursion Pharmaceuticals Inc. (RXRX) at USD 3.34 down 6.96% with balanced buy/sell order activity.
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