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0.0595238095238094 0.0654761904761904 0.0595238095238094 0.0178571428571429 0.0416666666666666 0.0245833333333333 0.0467261904761905 0.0714880952380953
Stock impact report

Freight Technologies Regains Compliance with Nasdaq Listing Requirements

Freight Technologies, Inc. - Ordinary Shares (FRGT) 
Company Research Source: GlobeNewswire
HOUSTON, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Freight Technologies, Inc. (Nasdaq: FRGT, “Fr8Tech” or the “Company”), a logistics management innovation company, offering a diverse portfolio of technology-driven solutions that address distinct challenges within the supply chain ecosystem, today announced that on October 9, 2024 it received written notice from the Listing Qualifications Staff of the Nasdaq Stock Market (“Nasdaq”) stating that the Company regained compliance with the minimum bid price requirement (“Minimum Bid Price Requirement”) set forth in Nasdaq Listing Rule 5550(a)(2) and that the matter is now closed. The Company had previously been notified by Nasdaq on May 22, 2024 that it was not in compliance with the Minimum Bid Price Requirement, as the closing bid price of the Company’s common stock had not maintained a minimum bid price of $1.00 for 30 consecutive business days. In order to regain compliance, the Company was required to maintain a minimum closing bid price o Show less Read more
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