Metalpha Technology regained compliance with Nasdaq’s minimum bid requirement

Metalpha Technology "announced that on March 31, 2023 it received a written notice from The Nasdaq Stock Market LLC which states the Company has regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5550(a)(2) and currently meets all other applicable criteria for continued listing. As previously announced, the Company received a written notification on September 21, 2022 from the Nasdaq Listing Qualifications Department that the Company was not in compliance with the Minimum Bid Price Requirement as the closing bid price of the Company’s ordinary shares, par value US$0.0001 per share, was below $1.00 per share for a period of 30 consecutive business days."