Ohmyhome Limited (OMH) has released an update.
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Ohmyhome Limited has been granted an additional 180-day period by Nasdaq to comply with the minimum bid price requirement of $1.00 per share. This extension, valid until April 28, 2025, provides the company more time to meet the Nasdaq listing rule 5550(a)(2) by maintaining a closing bid price of at least $1.00 for 10 consecutive business days. Despite the extension, Ohmyhome’s shares will continue trading on the Nasdaq Capital Market, though there remains uncertainty about achieving compliance.
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