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The latest update is out from iOThree Limited ( (IOTR) ).
On June 6, 2025, iOThree Limited announced that it received a notification from Nasdaq regarding non-compliance with the $1.00 minimum bid price requirement, as the company’s stock had not met this threshold for 30 consecutive business days. Despite this, the company’s shares will continue trading on Nasdaq, and it has been given a 180-day period until December 1, 2025, to regain compliance. If necessary, a second compliance period may be granted. The company plans to monitor its stock price and consider options to address the deficiency, which could impact its market positioning and investor confidence.
More about iOThree Limited
iOThree Limited is a leading provider of maritime digital technologies based in Singapore. The company offers a comprehensive range of solutions and services aimed at optimizing vessel operations, enhancing safety, and improving overall efficiency. iOThree is committed to driving digital innovation in the maritime industry, empowering shipowners to adapt to evolving market demands and embrace advanced technologies.
Average Trading Volume: 1,197,723
See more insights into IOTR stock on TipRanks’ Stock Analysis page.