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Vision Marine Technologies Inc. Regains Compliance with Nasdaq Listing Requirements
Vision Marine Technologies (NASDAQ:VMAR) has received a compliance notice from the Nasdaq Hearing Panel confirming it has regained compliance with the bid price requirement under Nasdaq Listing Rule 5550(a)(2). The company will be subject to a mandatory panel monitor for one year to ensure continued compliance with listing requirements. If any non-compliance is found during this period, Vision Marine will not be permitted to provide a compliance plan and may face immediate delisting proceedings, though it will have the opportunity to request a new hearing.
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