Caliber announced that on May 16, it received written notice from Nasdaq informing the company it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires maintaining a minimum bid price of $1.00 per share. Nasdaq notified Caliber that from May 2 to May 15, the closing bid price of its common stock had been $1.00 per share or greater, and the matter is now closed.
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