The Nasdaq Stock Market notified eHealth that its common stock closed below $1.00 per share for 30 consecutive business days, violating the Minimum Bid Price Requirement under Listing Rule 5450(a)(1). The company has an initial compliance period of 180 calendar days, ending April 12, 2027, to restore the bid price to at least $1.00 for ten consecutive business days. Failure to comply may result in delisting, though eHealth may seek an additional extension or consider a reverse stock split. The company operates as an online insurance marketplace.
