SIMPPLE LTD. Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
SIMPPLE LTD. (SPPL)
Company Research
Source: GlobeNewswire
Singapore, May 02, 2024 (GLOBE NEWSWIRE) -- SIMPPLE LTD. (Nasdaq: SPPL) (the “Company” or “SIMPPLE”), an advanced technology solution provider in the emerging property-technology (“PropTech”) space, today announced that it received a notification letter from The Nasdaq Stock Market LLC ("Nasdaq") dated April 26, 2024, notifying the Company that based on the closing bid price of the Company for the period from March 14, 2024 to April 25, 2024, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company has a compliance period of one hundred eighty (180) calendar days, or until October 23, 2024, to regain compliance with Nasdaq continued listing requirement. In the event that the Company does not regain compliance in the compliance period, the Company may be eligible for an additional 180 calendar days, should the Company
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SPPL
Sec Filings
- 5/17/24 - Form 20-F
- 5/14/24 - Form 6-K
- 5/2/24 - Form 6-K
- SPPL's page on the SEC website