Amesite regains Nasdaq minimum bid price compliance, removes delisting risk

Amesite Inc.

Nasdaq confirmed Amesite regained compliance with $1.00 minimum bid price on March 7, 2023 after 10 consecutive trading days.
Company also meets stockholders' equity requirement under Nasdaq Rule 5550(b)(1), satisfying all listing criteria.
Previous non-compliance notice received March 8, 2022; resolution ends potential delisting threat.
CEO Ann Marie Sastry said company will focus on larger deals and leveraging generative AI to grow platform.

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