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Smith Micro Regains Compliance With Nasdaq Minimum Bid Price Requirement

Author: Benzinga Newsdesk | April 30, 2024 09:25am

Smith Micro Software, Inc. (NASDAQ:SMSI) ("Smith Micro" or the "Company"), announced today that it has received notice from The Nasdaq Stock Market informing the Company that, after having a closing bid price at or greater than $1.00 per share for 12 consecutive business days from April 11, 2024 to April 26,2024, the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market, and that the matter is now closed.

Posted In: SMSI


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