Globus Maritime announced that it has received a letter from Nasdaq, indicating that the company has regained compliance with the $1.00 per share minimum closing bid price requirement for continued listing on Nasdaq, pursuant to the Nasdaq marketplace rules. For at least 10 consecutive business days from September 18 to September 29, the closing bid price has been greater than $1.00. Nasdaq indicated within its letter that since the company has regained compliance with Listing Rule 5550, this matter is now closed.
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