Ondas (ONDS) Holdings has received a notification letter from Nasdaq Stock Market confirming that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). To regain compliance with the Rule, the Company’s common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive business days, which was achieved on December 24, 2024. Therefore, the Nasdaq Listing Qualifications Staff considers the prior bid price deficiency matter now closed. Ondas is now in full compliance with all Nasdaq continued listing requirements and will continue to be listed and traded on The Nasdaq Capital Market.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ONDS:
- Ondas’ Airbotics receives purchase order from semiconductor manufacturer
- Ondas note holder purchases additional $11.5M of convertible notes
- Ondas Holdings Partners with Siemens for Rail Network Upgrade
- Ondas note holder purchases $4.1M of convertible notes
- Ondas receives purchase order for Iron Drone Raider system