Asset Entities regains compliance with Nasdaq listing rules

Asset Entities (ASST) announced that it has regained compliance with Nasdaq Listing Rule 5550, which requires minimum stockholders’ equity of $2.5M. On February 18, the staff of the Listing Qualifications department of The Nasdaq Stock Market notified the Company that based on the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on February 14, the Staff has determined that the Company complies with Listing Rule 5550.The Staff further advised the Company that if the Company fails to evidence compliance upon filing its periodic report for the period ending March 31, 2025, it may be subject to delisting. Asset Entities expects that its stockholder’s equity will be at least $2.5M as of March 31, 2025, as required by the Staff in its February 18, letter.