[Crypto mining company Argo Blockchain receives Nasdaq notice of non-compliance with minimum share price requirements]

According to Nasdaq rules, Argo must re-comply with the minimum quote requirements for American Depositary Shares (ADS) by June 12, 2023. If the ADS price closes at or above the $1.00 per share threshold for at least 10 business days at any time before June 12, 2023, Nasdaq will provide a notification letter notifying Argo that the minimum share price requirement has been met, and the notification letter will not affect Argo's business operations.