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-0.0116279069767441 -0.069767441860465 -0.0406976744186046 -0.0523255813953488 -0.0406976744186046 -0.0869186046511628 0.0244186046511629 -0.145174418604651
Stock impact report

SIMPPLE Ltd. Comments on Plan to Regain Nasdaq Compliance

SIMPPLE LTD. - Ordinary Shares (SPPL) 
Company Research Source: GlobeNewswire
Singapore, Nov. 05, 2024 (GLOBE NEWSWIRE) -- SIMPPLE Ltd. (NASDAQ: SPPL) (“SIMPPLE” or “the Company”), a leading technology provider and innovator in the facilities management sector, today announced details of its plan to regain compliance on the Nasdaq. On October 25, 2024, SIMPPLE announced it had, on the previous day, received written notice from the Listing Qualifications Staff of Nasdaq stating that the Company had not regained compliance with Nasdaq Listing Rules 5550(a)(2) (“the Rule”) to maintain a minimum bid price of $1 per share for the 180-day period culminating on October 23, 2024, and was thus not eligible for a second 180-day period. In that same announcement of October 25, SIMPPLE also said it intended to request a hearing before the Nasdaq Hearings Panel, during which the Company would present its plan to regain compliance with the above-listed Rule and ask for additional time within which to regain this compliance. On October 31, SIMPPLE filed this request, whi Show less Read more
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