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Stock impact report

Intelligent Living Application Group Inc. Regains Compliance with Nasdaq's Minimum Bid Price Rule

Intelligent Living Application Group Inc. (ILAG) 
Company Research Source: PR Newswire
HONG KONG, Sept. 16, 2024 /PRNewswire/ -- Intelligent Living Application Group Inc. (NASDAQ: ILAG) ("Intelligent Living" or the "Company"), a premium lockset manufacturer in Hong Kong, announced today that it has regained compliance with the $1 minimum bid price requirement under the continued listing requirements of the Nasdaq Stock Market LLC ("Nasdaq").On September 13, 2024, the Company received a written notification from Nasdaq's Listing Qualifications Department stating that the closing bid price of the Company's ordinary shares has been $1.00 per share or greater for 10 consecutive trading days, from August 28, 2024 to September 12, 2024. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2).About Intelligent Living Application Group Inc.Intelligent Living Application Group Inc. ("ILAG") is a premium lockset manufacturer headquartered in Hong Kong. It manufactures and sells high quality mechanical locksets to customers mainly in the United States Show less Read more
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