BeyondSpring regains Nasdaq minimum bid price compliance

BeyondSpring announced that on December 29 the Company received a written notification from Nasdaq that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550a2. In the Notification Letter on Compliance, the staff of Nasdaq has determined that for the 10 consecutive business days from December 14 to December 28 , the closing bid price of the Company’s ordinary shares had been at $1.00 per share or greater. Accordingly, the Company has regained compliance with the Nasdaq Listing Rule 5550 a2 and the bid price deficiency matter as previously disclosed is now closed.