GIBO Holdings regains compliance with Nasdaq

GIBO Holdings (GIBO) announced that it received a letter from Nasdaq stating that Nasdaq has confirmed that the company has regained compliance with Listing Rule 5450. The letter also stated that the company will remain on a Discretionary Panel Monitor, pursuant to Listing Rule 5815, for a one-year period from the date of the letter, to ensure that the company proactively addresses any future potential compliance concerns and demonstrates long-term compliance with Nasdaq’s continued listing requirements.