Verb officially regains compliance. That’s good
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Posted On: 05/04/2023 9:17:29 AM
Verb officially regains compliance. That’s good news
NEWPORT BEACH, Calif. and SALT LAKE CITY, May 04, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"
, the leader in interactive video-based sales-enablement applications, including MARKET.live, its livestream social shopping platform, today announced that it has regained compliance with Nasdaq’s listing requirements.
The Company received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market, informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).
As previously disclosed, on May 12, 2022, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. Since then, Nasdaq has determined that for the 10 consecutive business days from April 19 through May 2, 2023, the closing bid price of the Company’s common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.
NEWPORT BEACH, Calif. and SALT LAKE CITY, May 04, 2023 (GLOBE NEWSWIRE) -- Verb Technology Company, Inc. (Nasdaq: VERB) ("VERB" or the "Company"
, the leader in interactive video-based sales-enablement applications, including MARKET.live, its livestream social shopping platform, today announced that it has regained compliance with Nasdaq’s listing requirements. The Company received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market, informing the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).
As previously disclosed, on May 12, 2022, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market. Since then, Nasdaq has determined that for the 10 consecutive business days from April 19 through May 2, 2023, the closing bid price of the Company’s common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.
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