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Simpple Ltd. ( (SPPL) ) has shared an update.
On July 1, 2025, SIMPPLE Ltd. announced it has regained compliance with Nasdaq’s minimum shareholders’ equity requirement, attributed to strong financial performance and a successful private investment in public equity (PIPE) offering. The company raised $2,000,001 to enhance product development and expand market share in Australia and New Zealand. Additionally, SIMPPLE held its Annual General Meeting on June 30, 2025, meeting Nasdaq’s requirement for an annual shareholder meeting. The company plans to continue monitoring its compliance with Nasdaq standards.
More about Simpple Ltd.
SIMPPLE LTD., headquartered in Singapore, is an advanced technology solution provider in the PropTech sector, focusing on autonomous facilities management. Founded in 2016, the company has a significant presence in the Singapore market, serving over 60 clients in both public and private sectors, and has expanded into Australia and the Middle East. SIMPPLE has developed the SIMPPLE Ecosystem, an automated workforce management tool for building maintenance, surveillance, and cleaning, integrating software and hardware solutions like robotics and IoT devices.
Average Trading Volume: 22,451
Technical Sentiment Signal: Sell
Current Market Cap: $9.84M
See more data about SPPL stock on TipRanks’ Stock Analysis page.