VeriChip (Delray Beach, Florida), a provider of radio frequency identification (RFID) systems for healthcare and patient-related needs, said that it received notice from Nasdaq indicating that its stockholders' equity at Sept. 30 was less than the $10 million in stockholders' equity required for continued listing on the Nasdaq Global Market under Marketplace Rule 4450(a)(3).

The notice, which was received in a letter dated Nov. 17, is a standard communication when a company's stockholders' equity is less than the $10 million minimum requirement.

If Nasdaq determines that the company has not presented a definitive plan to achieve compliance in the short term and sustain compliance in the long term, it will provide the company with a written notification that its securities will be delisted from the market.