regulatory
confidence high
sentiment neutral
materiality 0.20
Sonim Technologies regains Nasdaq minimum bid price compliance
DNA X, Inc.
- Nasdaq notified Sonim on August 2, 2024, that its closing bid price was $1.00 or greater from July 18 to August 1, 2024.
- Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and the matter is closed.
- The notification resolves previous deficiency regarding minimum bid price requirement.