Ohmyhome Limited (OMH) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ohmyhome Limited has been granted an additional 180-day period by Nasdaq to comply with the minimum bid price requirement of $1.00 per share. This extension, valid until April 28, 2025, provides the company more time to meet the Nasdaq listing rule 5550(a)(2) by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. Despite the extension, Ohmyhome’s shares will continue trading on the Nasdaq Capital Market, though there remains uncertainty about achieving compliance.
For further insights into OMH stock, check out TipRanks’ Stock Analysis page.