regulatory
confidence high
sentiment positive
materiality 0.50
XWELL regains Nasdaq minimum bid price compliance; delisting risk removed
XWELL, Inc.
- Received Nasdaq letter on Oct 12, 2023, confirming compliance with Bid Price Rule.
- Closing bid price was at least $1.00 for 10 consecutive days from Sep 28 to Oct 11, 2023.
- Previously disclosed non-compliance in Oct 2022; deficiency notice now closed.
- Common stock (XWEL) continues listing on The Nasdaq Capital Market.