InvestorNewsBreaks — Infobird Co. Ltd. (NASDAQ: IFBD) Receives Notification of Minimum-Bid Price Requirement Compliance
October 07, 2022 at 11:23 AM EDT
Infobird (NASDAQ: IFBD), a leading provider of AI-powered customer-engagement solutions in China, has received a notification letter from the Listing Qualifications Department of the Nasdaq Stock Market LLC noting that the company has regained compliance with the market’s minimum-bid price requirement; the letter noted that the matter is now closed. Infobird received notice in March 2022 that it had failed to meet the $1 per share minimum closing bid price for 30 consecutive trading days. The company has been working since then to regain compliance. The letter stated that as of Oct. 6, 2022, Infobird has evidenced a closing bid price of its ordinary shares at or greater than $1 per share from Sept. 9, 2022.
To view the full press release, visit https://ibn.fm/SJJaZ
About Infobird Software Co. Ltd.
Infobird, headquartered in Beijing, China, is a software-as-a-service (“SaaS”) provider of innovative AI-powered or enabled customer-engagement solutions. For more information about the company, visit www.Infobird.com.
NOTE TO INVESTORS: The latest news and updates relating to IFBD are available in the company’s newsroom at https://ibn.fm/IFBD
InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent.
As part of its service, InvestorWire provides coverage of noteworthy announcements. To further expand visibility of achievements being made throughout a multitude of sectors, InvestorWire’s syndication partners have extended the digital coverage to include individual broadcasts on financial websites and platforms visited by millions of investors daily.
For more information, please visit https://www.InvestorWire.com
InvestorWire is part of the InvestorBrandNetwork.