Abits Group Inc Regains Compliance with NASDAQ Minimum Bid Price Requirement
Abits Group (NASDAQ: ABTS), a US-based bitcoin mining company, announced on March 25, 2025, that it has successfully regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). The company received official notification from NASDAQ on March 24, 2025, confirming their compliance status and closing the matter.
Abits Group (NASDAQ: ABTS), un'azienda statunitense di mining di bitcoin, ha annunciato il 25 marzo 2025 di aver ripristinato con successo la conformità ai requisiti di prezzo minimo delle azioni di NASDAQ secondo la Regola di Quotazione 5550(a)(2). L'azienda ha ricevuto una notifica ufficiale da NASDAQ il 24 marzo 2025, confermando il loro stato di conformità e chiudendo la questione.
Abits Group (NASDAQ: ABTS), una empresa estadounidense de minería de bitcoin, anunció el 25 de marzo de 2025 que ha recuperado con éxito el cumplimiento del requisito de precio mínimo de oferta de NASDAQ bajo la Regla de Cotización 5550(a)(2). La empresa recibió una notificación oficial de NASDAQ el 24 de marzo de 2025, confirmando su estado de cumplimiento y cerrando el asunto.
Abits Group (NASDAQ: ABTS), 미국에 본사를 둔 비트코인 채굴 회사는 2025년 3월 25일 NASDAQ의 최소 입찰 가격 요건을 Listing Rule 5550(a)(2)에 따라 성공적으로 회복했다고 발표했습니다. 이 회사는 2025년 3월 24일 NASDAQ으로부터 공식 통지를 받아 그들의 준수 상태를 확인하고 사안을 마무리했습니다.
Abits Group (NASDAQ: ABTS), une entreprise américaine de minage de bitcoin, a annoncé le 25 mars 2025 qu'elle avait réussi à retrouver sa conformité avec l'exigence de prix minimum de NASDAQ selon la Règle de Cotation 5550(a)(2). L'entreprise a reçu une notification officielle de NASDAQ le 24 mars 2025, confirmant son statut de conformité et clôturant le dossier.
Abits Group (NASDAQ: ABTS), ein in den USA ansässiges Bitcoin-Mining-Unternehmen, gab am 25. März 2025 bekannt, dass es erfolgreich die Einhaltung der Mindestgebotsanforderung von NASDAQ gemäß der Listungsregel 5550(a)(2) wiederhergestellt hat. Das Unternehmen erhielt am 24. März 2025 eine offizielle Mitteilung von NASDAQ, die seinen Compliance-Status bestätigte und die Angelegenheit abschloss.
- Regained NASDAQ listing compliance, eliminating immediate delisting risk
- None.
Hong Kong, March 25, 2025 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS), a company engaged in bitcoin mining and related services in the United States, announced today that on March 24, 2025, it received notification from The Nasdaq Stock Market LLC (“NASDAQ”) confirming the Company has regained compliance with NASDAQ’s minimum bid price requirement under Listing Rule 5550(a)(2). NASDAQ noted this matter is now closed.
About Abits Group Inc
Abits Group Inc (formerly Moxian (BVI) Inc), a company organized in the British Virgin Islands in May 2021, is the surviving company following its merger with Moxian, Inc. in August 2021. Abits Group Inc is a new generation digital company, with self-mining operations in the State of Tennessee through a wholly owned subsidiary, ABIT USA, Inc.
Forward-Looking Statements
This announcement contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934 as amended. These forward-looking statements are based on the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995 and may be governed by terms such as “will,” “expect,” “anticipate,” “future,” “intend,” “plan,” Believe, “estimate”, “potential”, “continue”, “in progress”, “goal”, “guidance expectations” and similar statements are identified. The company may also include in its periodic reports to the US Securities and Exchange Commission (“SEC”), annual reports to shareholders, press releases and other written materials, as well as oral statements from third parties to the company’s management, directors or employees. Any statements that are not historical facts, including statements about the company’s philosophy and expectations, are forward-looking statements that involve factors, risks, and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These factors and risks include, but are not limited to, the following: company’s goals and strategies; future business development; financial status and operating results; expected growth of bitcoin mining industry and Internet media marketing industry; demand and acceptance of the company’s products and services; the relationship between the company and strategic partners; industry competition; and policies and regulations related to the company’s structure, business and industry. More detailed information about these and other risks and uncertainties is included in the company’s filings with the Securities and Exchange Commission. All information provided in the company’s introduction is the latest information as of the date of publication of the company. Except as provided by applicable law, the company is not obligated to update such information.
For further information, please contact:
Wanhong Tan
Chief Financial Officer
+852 9855 6575
yf@abitgrp.com
FAQ
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