regulatory
confidence high
sentiment positive
materiality 0.60
Iveda Solutions regains Nasdaq minimum bid price compliance
Iveda Solutions, Inc.
- Nasdaq notified Iveda on Feb 15, 2023, that its common stock closed at $1.00+ for 10 consecutive business days.
- The minimum bid price deficiency under Nasdaq Listing Rule 5550(a)(2) is now cured and the matter is closed.
- This removes the immediate risk of delisting from the Nasdaq Capital Market.