VivoPower (VVPR) announced that it has received a letter from Nasdaq wherein, based on the company’s Form 6-K, dated June 26, Nasdaq has determined that the company complies with the Listing Rule 5550(b)(1). As previously disclosed, on January 3, the company received a notification letter from Nasdaq indicating that the company was not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires listed companies to maintain a minimum of $2.5M in stockholders’ equity for continued listing on Nasdaq.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VVPR:
- VivoPower Regains Nasdaq Compliance with Strategic Investment
- VivoPower believes company meets Nasdaq equity requirement
- VivoPower sets record date of July 9 for eligibility for Caret special dividend
- VivoPower engages advisors to fast-track spin off Caret Digital
- VivoPower appoints David Mansfield as CFO, Keith Loose as CTO
