Simpple Ltd. Faces Nasdaq Listing Compliance Challenge

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Simpple Ltd. Faces Nasdaq Listing Compliance Challenge

Simpple Ltd. ( (SPPL) ) has shared an update.

Simpple Ltd. has received a notification from Nasdaq on February 26, 2025, regarding a deficiency in meeting the minimum bid price requirement of $1 per share, as per Nasdaq Listing Rules 5550(a)(2). The company has been given 180 days, until August 25, 2025, to regain compliance. If Simpple Ltd. fails to meet this requirement within the given timeframe, it may qualify for an additional 180-day compliance period, provided it meets other listing standards. The company is exploring options to address this issue and intends to comply with Nasdaq’s requirements, though there is no assurance of success.

More about Simpple Ltd.

YTD Price Performance: -61.11%

Average Trading Volume: 682,351

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $6.82M

Find detailed analytics on SPPL stock on TipRanks’ Stock Analysis page.

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