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Nasdaq staff issued a delisting determination over a failure to meet the $50 million Market Value of Listed Securities requirement. The company also received notices related to minimum publicly held market value and a late Form 10-Q.
CID HoldCo says it received a Notice of Default and Demand to Assemble Collateral from counsel to LHT I, which claims $1,057,417.37 is owed and may pursue foreclosure on company assets.