VS Media Holdings Limited Regains Compliance with Nasdaq Minimum Closing Bid Price Requirement
VS Media Holdings Limited (VSME)
Company Research
Source: GlobeNewswire
HONG KONG, July 05, 2024 (GLOBE NEWSWIRE) -- VS Media Holdings Limited (NASDAQ: VSME, the "Company"), a leader in managing a global network of digital creators, today announced the receipt of formal notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). On July 3, 2024, NASDAQ provided confirmation that for 10 consecutive business days, from June 18, 2024, through July 2, 2024, the closing bid price of the Company’s common stock was at or above $1.00. The Company has thus regained compliance with Nasdaq Listing Rule 5550(a)(2) and NASDAQ considers the prior bid deficiency matter now closed. About VS Media VS Media Holdings Limited (NASDAQ: VSME) manages a network of leading digital creators across Asia Pacific that powers content-driven social commerce and offers local and effective marketing services to brands. Founded in 2013, VSME partners with over 1,500
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