Newegg Regains Compliance with Nasdaq Minimum Bid Requirements
12 Dezembro 2023 - 8:57PM
Business Wire
Newegg Commerce, Inc. (NASDAQ: NEGG) (the “Company” or “Newegg”)
today announced that it has received a notification letter (the
“Notification Letter”) from the Listing Qualifications Department
of The Nasdaq Capital Market notifying the Company that it had
regained compliance with the minimum bid price requirement set
forth under Nasdaq Listing Rule 5550(a)(2) (the “Nasdaq Minimum Bid
Price Requirement”).
The Notification Letter confirmed that the Company evidenced a
closing bid price at or greater than the $1.00 per ordinary share
minimum requirement for the last 10 consecutive business days from
November 28, 2023 to December 11, 2023 and that the Company has
regained compliance with the Nasdaq Minimum Bid Price Requirement.
As a result, the listing matter has been closed.
About Newegg
Newegg Commerce, Inc., founded in 2001 and based in the City of
Industry, California, is a leading global online retailer for PC
hardware, consumer electronics, gaming peripherals, home
appliances, automotive and lifestyle technology. Newegg also serves
businesses’ e-commerce needs with marketing, supply chain, and
technical solutions in a single platform. For more information,
please visit Newegg.com.
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Newegg Commerce, Inc.: Investor Relations
ir@newegg.com
Newegg Commerce (NASDAQ:NEGG)
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