JE Cleantech Holdings Limited (JCSE) has released an update.
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JE Cleantech Holdings Limited, a Singapore-based cleantech and precision cleaning equipment manufacturer, has been granted a temporary exception by Nasdaq to regain compliance with its listing requirements by December 6, 2024. The company must meet specific milestones, including a reverse stock split and maintaining a minimum $1 bid price, to avoid delisting. CEO HONG Bee Yin expressed commitment to fulfilling these conditions to maintain the company’s Nasdaq listing.
For further insights into JCSE stock, check out TipRanks’ Stock Analysis page.