Luokung Technology regains compliance with Nasdaq minimum bid price rule
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 07 2024
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Regained Compliance: Luokung Technology has received confirmation from Nasdaq that it has regained compliance with the minimum bid price requirement, having maintained a closing bid price of at least $1.00 for 10 consecutive business days as of September 30, 2024.
Closure of Matter: Nasdaq considers the compliance issue resolved and closed under Marketplace Rule 5550(a)(2).
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
