Mobilicom Regains Compliance with Nasdaq Minimum Bid Price Requirement [Yahoo! Finance]
Mobilicom Limited - American Depositary Shares (MOB)
Company Research
Source: Yahoo! Finance
and robust solutions for drones and robotics, today announced that it has received formal notice from The Nasdaq Stock Market, LLC (“Nasdaq”) stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Mobilicom is now in compliance with all applicable listing standards and its American Depositary Shares ("ADSs") will continue to be listed and traded on the Nasdaq Capital Market. The Company was notified by Nasdaq on June 25, 2024, that its ADSs had failed to maintain a minimum bid price of $1.00 for 30 consecutive business days. Nasdaq provided a 180-calendar day period following the date of the notice to regain compliance, or until December 23, 2024. To regain compliance with the minimum bid price requirement, the Company was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. From July 5, 2024 through July 18, 2024, a period of 10 consecutive trading da
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News
- Join Mobilicom’s Exclusive Live Investor Webinar and Q&A Session on September 25GlobeNewswire
- Mobilicom Reports Financial Results for the Six Months Ended June 30, 2024; Revenues Up 232%GlobeNewswire
- Mobilicom Unveils its Next-Generation 8-Inch Ground Control Station for Drones & Robotics: Optimal Size, Peak Performance for Mission SuccessGlobeNewswire
- Drone Flight Management System Market size is set to grow by USD 14.35 billion from 2024-2028, Increase in legal acceptance of drone operations for commercial applications boost the market, TechnavioPR Newswire
- Mobilicom Regains Compliance with Nasdaq Minimum Bid Price RequirementGlobeNewswire
MOB
Sec Filings
- 9/12/24 - Form EFFECT
- 9/9/24 - Form POS
- 9/9/24 - Form 6-K
- MOB's page on the SEC website