Tuesday, February 02, 2021 1:36:11 PM
The Company had previously received written notice from Nasdaq in October 2020 indicating that because the closing bid price per share had been below $1.00 for a period of 30 consecutive business days and that the Company did not meet the Minimum Price Bid Requirement. According to the recent notification letter, the staff of Nasdaq has determined that for the last 10 consecutive business days, from January 19, 2021 to February 1, 2021, the closing bid price of the Company’s common stock has been at $1.00 per share or greater, and the Company has regained compliance with the Minimum Bid Price Requirement, and the matter is now closed.
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