SIMPPLE Ltd. Regains Nasdaq Compliance as of April 28, 2025

The latest update is out from Simpple Ltd. ( (SPPL) ).

SIMPPLE Ltd., a leading technology provider in the facilities management sector, announced on May 2, 2025, that it has regained compliance with Nasdaq’s minimum bid price requirement as of April 28, 2025. This follows a period of non-compliance reported in February 2025, where the company’s stock price fell below the required $1.00 per share. The company has since achieved a closing bid price of $1.00 or greater for 14 consecutive business days from April 7 to April 25, 2025. This compliance is a positive step for SIMPPLE as it continues to focus on its expansion and growth objectives in Singapore and beyond, potentially impacting its market positioning and stakeholder confidence.

More about Simpple Ltd.

Headquartered in Singapore, SIMPPLE LTD. is an advanced technology solution provider in the emerging PropTech space, focused on helping facilities owners and managers manage facilities autonomously. Founded in 2016, the Company has a strong foothold in the Singapore facilities management market, serving over 60 clients in both the public and private sectors and extending out of Singapore into Australia and the Middle East. The Company has developed its proprietary SIMPPLE Ecosystem, to create an automated workforce management tool for building maintenance, surveillance and cleaning comprised of a mix of software and hardware solutions such as robotics (both cleaning and security) and Internet-of-Things (“IoT”) devices.

YTD Price Performance: -54.12%

Average Trading Volume: 43,027

Technical Sentiment Signal: Buy

Current Market Cap: $12.99M

For an in-depth examination of SPPL stock, go to TipRanks’ Stock Analysis page.