Netcapital regains Nasdaq bid price compliance; delisting appeal canceled

Netcapital Inc.

Nasdaq notified Netcapital on Aug 19, 2024 that it met Bid Price Rule (closing price >= $1.00 for 10 consecutive business days since Aug 2, 2024).
Company was previously out of compliance from Sep 1, 2023, and faced delisting after bid price fell to $0.10 or less for 10 days.
Netcapital requested a hearing to appeal the delisting, but the hearing was canceled after regaining compliance.
The regained compliance ensures continued listing on The Nasdaq Capital Market.

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