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Electra Battery Materials Corporation received notice from Nasdaq granting an additional 180-calendar-day compliance…
ELBMElectra Battery Materials Corp
Electra Battery Materials Corporation received notice from Nasdaq granting an additional 180-calendar-day compliance period until March 15, 2027, to regain adherence to the $1.00 minimum bid price requirement for continued listing on The Nasdaq Capital Market. This extension allows the company time to restore its share price above the threshold or, if necessary, effect a reverse stock split. The filing confirms that trading and operations remain unaffected by this administrative update. Electra Battery Materials Corporation operates in the critical minerals sector, focusing on constructing North America's only cobalt sulfate refinery and advancing lithium-ion battery supply chain initiatives.