Mesa Air regains compliance with Nasdaq minimum bid price requirement

Mesa Air Group announced that it has received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). On June 4, 2024, NASDAQ verified and confirmed that for 10 successive business days, from May 20, 2024, to June 3, 2024, the closing bid price of Mesa‘s common stock was at or above the $1.00 minimum per share threshold. Mesa has thus satisfactorily regained compliance with the Minimum Bid Price Requirement and NASDAQ considers the matter closed.