regulatory
confidence high
sentiment positive
materiality 0.60
Bridgeline Digital regains Nasdaq minimum bid price compliance as of June 8, 2023
Bridgeline Digital, Inc.
- Received Nasdaq deficiency notice on May 3, 2023 for failing minimum bid price of $1.00 for 30 consecutive business days.
- Nasdaq granted 180-day compliance period until October 30, 2023 to regain compliance.
- On June 8, 2023, Nasdaq confirmed closing bid price at $1.00 or greater for 10 consecutive days from May 24 to June 7.
- Company has regained compliance with Nasdaq Listing Rule 5550(a)(2); matter considered closed.