Smith Micro regains compliance with Nasdaq minimum bid price requirement

Smith Micro Software announced that it has received notice from The Nasdaq Stock Market informing the Company that, after having a closing bid price at or greater than $1.00 per share for 12 consecutive business days from April 11, to April 26 the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550 a 2 for continued listing on The Nasdaq Capital Market, and that the matter is now closed.