San Francisco -- Zvue, the San Francisco-based provider of portable media players and content known until recently as HandHeld Entertainment, said on Wednesday that it has received a warning from the Nasdaq that its stock could be delisted. The company said that it is out of compliance with a marketplace rule, since it failed to maintain a minimum $1 share price for 30 straight trading days. Zvue now has 180 calendar days, or until Oct. 15, to regain compliance, or potentially face having its stock removed from the Nasdaq Capital Market.
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