WiSA Technologies has received confirmation from The Nasdaq Stock Market that it has regained compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). The company continues to be subject to a mandatory panel monitor until April 29, 2025. If, during that time, the company falls out of compliance with Nasdaq Listing Rule 5550(a)(2), Nasdaq will issue a noncompliance letter, and the company will be required to request a new hearing on the matter.
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