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Trinity Biotech regains compliance with Nasdaq minimum closing bid price rule
The Fly

Trinity Biotech regains compliance with Nasdaq minimum closing bid price rule

Trinity Biotech reported the receipt of a formal notification from The Nasdaq Stock Market that the company has regained compliance with Listing Rule 5450(a)(1), which requires the company’s American Depositary Shares, or ADSs, to maintain a minimum bid price of $1.00 per ADS. Nasdaq considers the prior bid price deficiency matter now closed, the company stated.

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