SEALSQ Corp (LAES) has released an update.
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SEALSQ Corp is taking steps to address its non-compliance with Nasdaq’s minimum bid price requirement, aiming to meet the $1.00 per share threshold by January 28, 2025. The company is focusing on its semiconductor business to regain compliance, and if necessary, plans to seek a 180-day extension. SEALSQ is confident in meeting all criteria for an extension, ensuring continued Nasdaq listing.
For further insights into LAES stock, check out TipRanks’ Stock Analysis page.