Direct Digital (DRCT) Holdings has received formal notice from The Nasdaq Stock Market confirming that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share, and otherwise satisfies all applicable criteria for continued listing on The Nasdaq Capital Market.
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 DRCT:
- Direct Digital files $400M mixed securities shelf
- Direct Digital Executes Reverse Split Amid Going Concern Doubts
- Direct Digital files to sell 1.82M shares of Class A common stock for holders
- Direct Digital Holdings Amends Term Loan to Boost Liquidity
- Direct Digital Updates Equity Facility Pricing Terms Agreement
