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.
Simpple Ltd. ( (SPPL) ) has provided an update.
SIMPPLE Ltd., a leading technology provider in the facilities management sector, announced on July 24, 2025, that it has regained compliance with Nasdaq’s continued listing requirements. The company achieved this by raising $2.0 million through a private investment in public equity, which increased its shareholders’ equity above the required $2.5 million threshold. This compliance is a significant milestone for SIMPPLE, reinforcing its credibility and supporting its global expansion and technology development objectives. The company will continue to monitor its compliance with Nasdaq’s listing standards to avoid potential delisting.
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.
Average Trading Volume: 19,581
Technical Sentiment Signal: Sell
Current Market Cap: $15.3M
Find detailed analytics on SPPL stock on TipRanks’ Stock Analysis page.