Englobal corporation granted 180-day extension by nasdaq to regain compliance with minimum bid price rule

Houston, tx / accesswire / june 28, 2023 / englobal corporation (nasdaq:eng), a leading provider of innovative engineering project solutions for the energy industry, today announced it had received notification from the nasdaq stock market ("nasdaq") indicating that the company will have an additional 180-day grace period, or until december 18, 2023, to regain compliance with nasdaq's $1.00 minimum bid requirement. the notification indicated that the company did not regain compliance during the initial 180-day grace period provided under the rule.
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