SuperCom Regains Compliance with Nasdaq Minimum Bid Price Requirement
SuperCom, Ltd. - Ordinary Shares (SPCB)
Last supercom, ltd. - ordinary shares earnings: 8/14 09:15 am
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Source: PR Newswire
NEW YORK, Sept. 16, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq's minimum bid price for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(a)(2) ("Min Bid Price Rule"), and this matter is now closed.On September 13, 2023, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market.On September 6, 2024, Nasdaq determined that for the last 10 consecutive business days, from August 22 through September 5, 2024, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2)("Min Bid
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SPCB
News
- SuperCom secures first new contract in New York state, expanding footprint in U.S. [Seeking Alpha]Seeking Alpha
- SuperCom Secures First New Contract in New York State, Expanding Footprint in the US MarketPR Newswire
- SuperCom's (NASDAQ:SPCB) Attractive Earnings Are Not All Good News For Shareholders [Yahoo! Finance]Yahoo! Finance
- SuperCom Secures Additional $2.6 Million in Orders from European Governments with Delivery Expected Within Three MonthsPR Newswire
- SuperCom Secures New Contract in Maryland with Baltimore-Based Service ProviderPR Newswire
SPCB
Sec Filings
- 9/16/24 - Form EFFECT
- 9/11/24 - Form POS
- 9/3/24 - Form 6-K
- SPCB's page on the SEC website