Sadot (SDOT) Group announced that the Company received notice from The Nasdaq Stock Market on November 1, 2024, indicating that Sadot had regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). To regain compliance with the NASDAQ Listing 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 trading days, which was achieved on October 31, 2024. Nasdaq has stated that this matter is now closed.
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