Mondee has recently announced that it has received a notice from Nasdaq stating that the company is at risk of being delisted. This determination notice serves as a warning to Mondee that it is not in compliance with Nasdaq’s listing requirements. Mondee will now have a certain period of time to regain compliance with these requirements in order to avoid being delisted from the Nasdaq stock exchange. The company will need to carefully consider its options and take necessary steps to address the issues highlighted by Nasdaq. This development will be closely monitored by investors and stakeholders as they await further updates on Mondee’s efforts to rectify the situation.
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