regulatory
confidence high
sentiment positive
materiality 0.65
Mesa Air regains Nasdaq $1.00 minimum bid price compliance
REPUBLIC AIRWAYS HOLDINGS INC.
- On June 4, 2024, Nasdaq confirmed closing bid price at or above $1.00 for 10 consecutive business days (May 20–June 3).
- Company had previously received non-compliance notice on November 3, 2023, for bid below $1.00 for 30 consecutive days.
- Nasdaq considers the matter closed; no further action required from Mesa.
- Common stock trades on Nasdaq under ticker MESA.