Safe and Green Development regains Nasdaq minimum bid price compliance

RenX Enterprises Corp.

Received Nasdaq notice on Oct 22 confirming compliance with Listing Rule 5550(a)(2) after 10 consecutive business days of bid price at or above $1.00.
Compliance period was Oct 8 to Oct 21, 2024; matter is now closed.
Press release dated Oct 24, 2024 was issued to announce the regaining of compliance.
CEO David Villarreal expressed commitment to enhancing shareholder value and executing strategic initiatives.

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