Greek boxship owner Euroseas has been told to boost its Nasdaq share price to regain compliance with the exchange's listing rules.
It said it had received notice that its stock had traded below $1 for 30 consecutive business days.
It has six months to regain compliance, which will occur if it can boost the stock back above this level for 10 straight days.
"The company intends to cure the deficiency within the prescribed time frame," it said, with a stock split possible.
