Amarin Corporation Plc (AMRN) has released an update to notify the public and investors about listing compliance status.
Amarin Corporation plc has regained compliance with NASDAQ’s minimum bid price requirement for continued listing on The NASDAQ Global Market after its American Depositary Shares maintained a closing bid price of $1.00 or more for at least 10 consecutive trading days. The company had previously been notified of non-compliance due to its shares falling below this threshold. With this achievement, all applicable listing standards are now met, and the company will remain listed on The NASDAQ Global Market. NASDAQ has confirmed the matter is closed.
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