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The company will not be allowed to submit another plan for meeting the Nasdaq's listing requirements.
Gainers in the index outpaced the decliners 19 to nine, and the index outpaced the Dow Jones Industrial Average and Nasdaq Biotechnology Index but lagged the Nasdaq.
In May, the company received a delisting warning from Nasdaq after its stock closed between the minimum $1 per share requirement for 30 days.
The German company offers rare disease genetic tests and services for clinical applications, as well as to support drug discovery and development programs.
Of the 29 companies in the index, 16 firms' share prices retreated while the other 13 saw their stock prices rise month over month.
Exagen, which develops and markets autoimmune tests, went public on the Nasdaq today and expects gross proceeds of $50.4 million from its IPO.
Of the 27 companies in the index, 14 firms' stocks were down, while 13 companies' share prices increased.
The disclosure comes less than a week after the company said that it was out of compliance with the Nasdaq's minimum shareholder equity requirement.
Nasdaq told the company that as of June 30 its shareholder equity does not meet the minimum $2.5 million required for its shares to remain listed on the exchange.
Of the 27 companies in the index, 12 firms' share prices retreated last month, 14 companies' stocks increased, and one firm's share value was flat.