Ohmyhome Limited (OMH) has released an update.
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Ohmyhome Limited has been granted an additional 180-day period by Nasdaq to comply with the minimum bid price requirement of $1.00 per share. This extension, valid until April 28, 2025, provides the company more time to meet the Nasdaq listing rule 5550(a)(2) by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. Despite the extension, Ohmyhome’s shares will continue trading on the Nasdaq Capital Market, though there remains uncertainty about achieving compliance.
For further insights into OMH stock, check out TipRanks’ Stock Analysis page.