MoneyHero regains Nasdaq compliance

MoneyHero (MNY) announced that it has received a written notice from the Listing Qualifications Department of The Nasdaq Stock Market dated July 17, informing the company that it has regained compliance with the minimum bid price requirement set forth under the Nasdaq Listing Rule 5450(a)(1). According to the Compliance Notice, the company regained compliance with the Minimum Bid Price Requirement because the closing bid price of the company’s ordinary shares has been $1.00 per share or greater for 10 consecutive business days, from July 2 to July 16, and the matter is now closed.