FormerXBC Inc XEBEQ

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Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification, associated gas, engineering services, and air dryers. The company's geographical segments are United States, Canada, China, Other, Korea, Italy, and France.

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FormerXBC Inc > Don't be surprised when this happens

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Comment by tamaracktopon Sep 28, 2022 9:00am

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Post# 34991658

RE:Don't be surprised when this happens

The Company has a compliance period of 180 calendar days to regain compliance with Nasdaq's minimum bid price requirement. If at any time during the compliance period the Company's closing bid price is at least US$1 for a minimum of 10 consecutive business days, Nasdaq will provide a written confirmation of compliance and the matter will be closed. In the event the Company does not regain compliance, the Company may be eligible for additional time to regain compliance

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