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The latest update is out from Magic Empire Global Ltd. ( (MEGL) ).
Magic Empire Global Limited has successfully resolved a bid price deficiency issue with Nasdaq, ensuring compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. After a period of non-compliance, the company regained its standing by maintaining a closing bid price of $1.00 or greater for ten consecutive business days, closing the matter with Nasdaq and reaffirming its commitment to corporate governance and compliance.
More about Magic Empire Global Ltd.
Magic Empire Global Limited is a financial services provider based in Hong Kong, specializing in corporate finance advisory services and underwriting services. Their offerings include IPO sponsorship services, financial advisory and independent financial advisory services, compliance advisory services, underwriting services, and corporate services.
YTD Price Performance: -32.87%
Average Trading Volume: 503,774
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $5.89M
See more insights into MEGL stock on TipRanks’ Stock Analysis page.