VCI Global Regains Compliance with Nasdaq Minimum Bid Price Rule
VCI Global Limited - Ordinary Share (VCIG)
Company Research
Source: GlobeNewswire
KUALA LUMPUR, Malaysia, Nov. 26, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a diversified holding company with expertise in consulting, fintech, AI, robotics and cybersecurity, today announced that it has received written notice from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the “Rule”) for continued listing. To regain compliance with the Rule, the Company’s stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved during the period between November 6, 2024, to November 20, 2024; on November 21, 2024, Nasdaq informed the Company that it has achieved compliance with such Rule. Therefore, the Nasdaq Listing Qualifications Staff considers the prior bid price deficiency matter now closed. About VC
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VCIG
News
- VCI Global Embarks on a Strategic Series of Renewable Energy Asset Acquisitions, Starting with a North Macedonia Solar Farm [Yahoo! Finance]Yahoo! Finance
- VCI Global Embarks on a Strategic Series of Renewable Energy Asset Acquisitions, Starting with a North Macedonia Solar FarmGlobeNewswire
- VCI Global Targets US$200 Million Revenue with 100 MW of Solar Photovoltaic Projects in Southeast Asia and EuropeGlobeNewswire
- VCI Global Receives Conditional Letter of Award for US$24 Million AI ContractGlobeNewswire
- VCI Global Regains Compliance with Nasdaq Minimum Bid Price Rule [Yahoo! Finance]Yahoo! Finance
VCIG
Sec Filings
- 12/18/24 - Form SCHEDULE
- 12/17/24 - Form 6-K
- 12/17/24 - Form 424B5
- VCIG's page on the SEC website