other material
confidence high
sentiment positive
materiality 0.60
Eightco regains Nasdaq compliance on bid price and equity requirements
Eightco Holdings Inc.
- Received Nasdaq notice confirming compliance with minimum bid price ($1.00) and stockholders' equity ($2.5M) requirements.
- Common stock closed above $1.00 for 20 consecutive trading days, satisfying bid price rule.
- Stockholders' equity reported at $13,428,553 as of June 30, 2024, exceeding the $2.5M minimum.
- Ticker will continue to trade on Nasdaq Capital Market under 'OCTO'.