Dolphin Entertainment Regains Compliance with NASDAQ Listing Requirements
Dolphin Entertainment, Inc. (NASDAQ:DLPN) announced on December 14, 2020, that it has regained compliance with NASDAQ's $1.00 minimum bid price requirement for continued listing. The company achieved compliance after its common stock closed at or above this price for ten consecutive business days. NASDAQ has closed this matter, confirming that Dolphin meets its listing standards.
Dolphin is recognized for its work in entertainment marketing and content production, supporting various top brands in film, television, and music.
- Regained compliance with NASDAQ's $1.00 minimum bid price requirement.
- Closing bid price met requirements for ten consecutive business days.
- None.
NEW YORK, NY and LOS ANGELES, CA / ACCESSWIRE / December 14, 2020 / Dolphin Entertainment, Inc. (NASDAQ:DLPN), a leading independent entertainment marketing and premium content production company, today announced the Company received a letter from the Listing Qualifications Department of The NASDAQ Stock Market on December 11, 2020 indicating that it has regained compliance with the
About Dolphin Entertainment, Inc.
Dolphin Entertainment is a leading independent entertainment marketing and premium content development company. Through our subsidiaries 42West, The Door and Shore Fire Media, we provide expert strategic marketing and publicity services to many of the top brands, both individual and corporate, in the film, television, music and hospitality industries. Viewpoint Creative and Be Social complement their efforts with full-service creative branding and production capabilities as well as social media and influencer marketing services. Dolphin's legacy content production business, founded by Emmy-nominated CEO Bill O'Dowd, has produced multiple feature films and award-winning digital series.
This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act. These forward-looking statements may address, among other things, Dolphin Entertainment Inc.'s offering of common stock as well as expected financial and operational results and the related assumptions underlying its expected results. These forward-looking statements are distinguished by the use of words such as "will," "would," "anticipate," "expect," "believe," "designed," "plan," or "intend," the negative of these terms, and similar references to future periods. These views involve risks and uncertainties that are difficult to predict and, accordingly, Dolphin Entertainment's actual results may differ materially from the results discussed in its forward-looking statements. Dolphin Entertainment's forward-looking statements contained herein speak only as of the date of this press release. Factors or events Dolphin Entertainment cannot predict, including those described in the risk factors contained in its filings with the Securities and Exchange Commission, may cause its actual results to differ from those expressed in forward-looking statements. Although Dolphin Entertainment believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be achieved, and Dolphin Entertainment undertakes no obligation to update publicly any forward-looking statements as a result of new information, future events, or otherwise, except as required by applicable law.
CONTACT:
James Carbonara
Hayden IR
(646)-755-7412
james@haydenir.com
SOURCE: Dolphin Entertainment, Inc.
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https://www.accesswire.com/620739/Dolphin-Entertainment-Regains-Compliance-with-NASDAQ-Listing-Requirements
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