Smart Share Global announced that it received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market, dated May 22, 2024, notifying the company that it has regained compliance with the requirement of minimum bid price of $1.00 per share set forth under Nasdaq Listing Rule 5550(a)(2). Accordingly, the company has regained the Minimum Bid Price Requirement, and the matter is now closed.
Protect Your Portfolio Against Market Uncertainty
- Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter.
- Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EM: