Franklin Bank Corp. Receives Non-Compliance Notification From NASDAQ

MarketWatch reports Franklin Bank Corp. Receives Non-Compliance Notification From NASDAQ.

Franklin Bank Corp. received a letter from the NASDAQ Stock Market ("Nasdaq") indicating that, for the prior 30 consecutive business days, Franklin's common stock had not maintained the minimum bid price of $1.00 per share required for continued listing, as set forth in Nasdaq Marketplace Rule 4450 (the "Minimum Bid Price Rule"). This notification will not impact the listing of Franklin's common stock at this time. Franklin's common stock will continue to trade on the NASDAQ Global Select Market under the symbol "FBTX."