Ayro regains compliance with Nasdaq listing requirements

Ayro announced that it has received written notice from The Nasdaq Stock Market LLC informing the company that it has regained compliance with Nasdaq’s minimum bid price listing requirement. The company has satisfied the terms for continued listing on the Nasdaq Capital Market by complying with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). Accordingly, Nasdaq has advised the company that the matter is now closed.