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ParaZero Technologies Ltd. ( (PRZO) ) has provided an update.
ParaZero Technologies Ltd. has regained compliance with Nasdaq’s minimum bid price requirement, ensuring its continued listing and trading on the Nasdaq Capital Market. This compliance, achieved by maintaining a minimum closing bid price of $1.00 for over 10 consecutive trading days, closes the previous bid price deficiency issue, positively impacting the company’s market presence and stakeholder confidence.
More about ParaZero Technologies Ltd.
ParaZero Technologies Ltd. is an aerospace company that specializes in developing autonomous parachute safety systems for commercial, military, and urban air mobility platforms. Founded in 2014 by aviation professionals and drone industry veterans, ParaZero focuses on enabling safe flight operations over populated areas and beyond-visual-line-of-sight (BVLOS), with applications including Counter Unmanned Aircraft Systems (UAS).
YTD Price Performance: 92.96%
Average Trading Volume: 5,844,578
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $15.29M
For detailed information about PRZO stock, go to TipRanks’ Stock Analysis page.
