Mobilicom Announces Receipt of Nasdaq Minimum Bid Price Notification
Mobilicom Limited (MOB)
Company Research
Source: GlobeNewswire
Shoham, Israel, June 28, 2024 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB, MOBBW) ("Mobilicom" or the "Company"), a provider of cybersecurity and robust solutions for drones and robotics, today announced that it has received a notification letter from the Nasdaq Stock Market LLC ("Nasdaq"). The letter notifies the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rules for continued listing on the Nasdaq Capital Market, since the closing bid price for the Company's American Depositary Shares ("ADSs") listed on the Nasdaq was below USD $1.00 for 30 consecutive trading days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of USD $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. The Notice has no immediate effect on the Company's Na
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News
- Additional Orders received for Mobilicom's Cybersecure Drone Data Link System from One of the Largest U.S.-based Drone Manufacturers — Market Expected to Reach $18 Billion by 2030, Growing at an Annual Compound Rate of 25% [Yahoo! Finance]Yahoo! Finance
- Additional Orders received for Mobilicom’s Cybersecure Drone Data Link System from One of the Largest U.S.-based Drone Manufacturers — Market Expected to Reach $18 Billion by 2030, Growing at an Annual Compound Rate of 25%GlobeNewswire
- Mobilicom Announces Receipt of Nasdaq Minimum Bid Price Notification [Yahoo! Finance]Yahoo! Finance
- BioVie and Mobilicom Interviews to Air on the RedChip Small Stocks, Big Money(TM) Show on Bloomberg TV [Yahoo! Finance]Yahoo! Finance
- One of the World's Largest Loitering Munitions Providers Selects Mobilicom's UAV Ground Control Station - Market Set to Reach $26 Billion [Yahoo! Finance]Yahoo! Finance
MOB
Sec Filings
- 7/1/24 - Form 6-K
- 6/28/24 - Form 6-K
- 6/18/24 - Form 6-K
- MOB's page on the SEC website