Caliber announced that on May 16, it received written notice from Nasdaq informing the company it has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires maintaining a minimum bid price of $1.00 per share. Nasdaq notified Caliber that from May 2 to May 15, the closing bid price of its common stock had been $1.00 per share or greater, and the matter is now closed.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CWD: