Kopin announced that it has received a letter from The Nasdaq Stock Market Nasdaq informing that Kopin Corporation has regained compliance with Nasdaq’s minimum bid price for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550 a . According to Nasdaq’s letter, Nasdaq had determined that for 10 consecutive business days, the closing bid price of the Kopin’s common stock has been at $1.00 per share or greater. Accordingly, Kopin has regained compliance with the Minimum Bid Price Requirement.
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