JE Cleantech Receives Nasdaq Compliance Extension

JE Cleantech Holdings Limited (JCSE) has released an update.

JE Cleantech Holdings Limited, a Singapore-based cleantech and precision cleaning equipment manufacturer, has been granted a temporary exception by Nasdaq to regain compliance with its listing requirements by December 6, 2024. The company must meet specific milestones, including a reverse stock split and maintaining a minimum $1 bid price, to avoid delisting. CEO HONG Bee Yin expressed commitment to fulfilling these conditions to maintain the company’s Nasdaq listing.

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