iClick Interactive Asia regains compliance with Nasdaq listing rules

iClick Interactive Asia Group announced that it received a notification letter from the Listing Qualifications Department of The Nasdaq Stock Market dated November 29 informing the Company that it has regained compliance with the Nasdaq Listing Rule 5450. As previously announced, the Company received a notification letter from the Nasdaq dated June 14 indicating that the closing bid price of the Company’s American depositary shares was below the minimum bid price of $1.00 required for continued listing under the Nasdaq. According to the Compliance Notice, the closing bid price of the Company’s ADSs has been at $1.00 per ADS or greater for 10 consecutive business days from November 14 through November 28, and the Company has regained compliance with the Minimum Bid Price Requirement and the matter is closed.