Inspira has received formal notification from The Nasdaq Stock Market confirming that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), concerning the minimum bid price requirement. The notice, dated July 17, stated that for the 10 consecutive business days from July 2, through July 16, the closing bid price of the Company’s common shares was at or above $1.00 per share. As a result, Inspira has satisfied the requirements for continued listing on the Nasdaq Capital Market, and the matter is now closed.
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.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IINN:
- Inspira Technologies Announces Board Member Resignation
- Inspira Technologies Secures Pathway for ART100’s National and Global Expansion
- Inspira Technologies achieves all key objectives in high-level government talks
- Inspira Technologies Engages in Strategic Talks for ART100 Global Expansion
- Inspira in ‘high-level’ government talks to advance national ART100 integration