Nasdaq Stock Exchange Regulatory Authority has issued a notice of non-compliance with the minimum bid price requirement to listed crypto mining company Argo Blockchain because the company's closing price has been below $1.00 for 30 consecutive days. Under Nasdaq rules, Argo must regain compliance with the minimum bid price requirement for American Depositary Shares (ADS) by June 12, 2023. Nasdaq will provide a notification letter notifying Argo Blockchain that the minimum required bid price requirement has been met, and the notification letter will not affect Argo's business operations. (City A.M.)