april 20 reuters  lordstown motors corp rideo said on thursday it has received a delisting notice from nasdaq and is evaluating actions including a reverse stock split to meet the minimum bid price requirement set by the exchange the company received the notice because the closing bid price for the electrictruck makers class a common stock fell below the minimum required price of 1 per share for 30 straight sessions according to a regulatory filing like other ev companies lordstown has been plagued with surging costs and supply challenges and missed the delivery target for its endurance pickup truck its shares have lost over 50 of their value so far this year lordstown had put in a proposal on april 11 for its annual shareholder meeting slated for may 22 to get an approval to carry out a reverse stock split of its class a common stock in the ratio ranging from oneforthree to oneforfifteen the notice has no immediate impact on the companys stock listing and lordstown motors will have until oct 16 to regain compliance with nasdaqs rules reporting by chavi mehta in bengaluru editing by shailesh kuber