Valentis receives warning on Nasdaq listing

New York, Aug. 25 - Valentis, Inc. said it received a letter from Nasdaq warning that it failed to comply with the minimum bid standard for continued listing.

The Burlingame, Calif., biotechnology company has 180 days to regain compliance, which it can do by having its stock close at $1.00 per share or more for at least 10 consecutive business days.

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