regulatory
confidence high
sentiment positive
materiality 0.50
Eos Energy regains Nasdaq compliance; bid price above $1.00 for 10 days
Eos Energy Enterprises, Inc.
- Received Nasdaq notice on July 9, 2024 confirming compliance with Bid Price Rule.
- Compliance based on closing bid price ≥ $1.00 for 10 consecutive business days (June 24 - July 8, 2024).
- Previously received deficiency notice on May 20, 2024 for stock closing below $1.00 for 30 days.
- Press release issued on July 11, 2024 announcing the compliance.