Iveda announced that the Company has regained compliance with Nasdaq’s minimum bid price requirement set forth in Nasdaq Listing Rule 5550 a 2 . This compliance follows Iveda’s stock trading above $1.00 per share for 10 consecutive business days. Accordingly, Nasdaq has confirmed that the matter is now closed. “We are pleased to announce that Iveda has regained full compliance with Nasdaq’s listing requirements,” said David Ly, CEO of Iveda. “Our team remains committed to advancing our innovative AI and IoT technologies to support smart city initiatives and global safety applications. We also believe maintaining our NASDAQ listing is important to our ultimate value creation for our shareholders.”
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