Innovative Eyewear Inc. Regains Compliance with Nasdaq Listing Requirements
Innovative Eyewear announced that it has regained compliance with Nasdaq's minimum bid price requirement. The company's stock, trading under the symbol LUCY, was required to maintain a minimum closing bid price of $1.00 for ten consecutive business days.
The formal notice from Nasdaq confirmed that this requirement was met, and the listing issue is now resolved. As a result, Innovative Eyewear's common stock will continue to be traded on the Nasdaq Capital Market.
Innovative Eyewear ha annunciato di aver ripristinato la conformità con il requisito di prezzo minimo di offerta di Nasdaq. Le azioni dell'azienda, scambiate con il simbolo LUCY, dovevano mantenere un prezzo di chiusura minimo di $1,00 per dieci giorni lavorativi consecutivi.
La comunicazione formale da parte di Nasdaq ha confermato che questo requisito è stato soddisfatto e la questione della quotazione è ora risolta. Di conseguenza, le azioni ordinarie di Innovative Eyewear continueranno a essere scambiate sul Nasdaq Capital Market.
Innovative Eyewear anunció que ha recuperado el cumplimiento con el requisito de precio mínimo de oferta de Nasdaq. Las acciones de la empresa, que se comercian bajo el símbolo LUCY, debían mantener un precio de cierre mínimo de $1.00 durante diez días hábiles consecutivos.
El aviso formal de Nasdaq confirmó que se cumplió con este requisito y el problema de la cotización ahora está resuelto. Como resultado, las acciones ordinarias de Innovative Eyewear continuarán negociándose en el Nasdaq Capital Market.
혁신적인 안경(Innovative Eyewear)은 나스닥의 최저 매도 가격 요구 사항을 재확인했다고 발표했습니다. 회사의 주식은 LUCY라는 기호로 거래되며, 10일 연속 영업일 동안 최소 마감 매도 가격인 $1.00을 유지해야 했습니다.
나스닥으로부터의 공식 통지는 이 요구 사항이 충족되었음을 확인했으며, 상장 문제는 이제 해결되었습니다. 그 결과, 혁신적인 안경의 보통주는 나스닥 자본 시장에서 계속 거래됩니다.
Innovative Eyewear a annoncé avoir retrouvé sa conformité avec l'exigence de prix minimum de l'offre de Nasdaq. Les actions de l'entreprise, négociées sous le symbole LUCY, devaient maintenir un prix de clôture minimum de 1,00 $ pendant dix jours ouvrables consécutifs.
La notification formelle de Nasdaq a confirmé que cette exigence a été satisfaite et que le problème de cotation est désormais résolu. En conséquence, les actions ordinaires de Innovative Eyewear continueront à être négociées sur le Nasdaq Capital Market.
Innovative Eyewear kündigte an, dass es die Einhaltung der Mindestangebotspreis-Anforderung von Nasdaq wiedererlangt hat. Die Aktien des Unternehmens, die unter dem Symbol LUCY gehandelt werden, mussten einen Mindestschlusskurs von 1,00 USD für zehn aufeinanderfolgende Handelstage aufrechterhalten.
Die offizielle Mitteilung von Nasdaq bestätigte, dass diese Anforderung erfüllt wurde und das Listing-Problem nun gelöst ist. Als Ergebnis werden die Stammaktien von Innovative Eyewear weiterhin am Nasdaq Capital Market gehandelt.
- Regained compliance with Nasdaq's minimum bid price requirement.
- Confirmed that the company's stock maintained a closing bid price of $1.00 for ten consecutive business days.
- The listing matter has been successfully closed.
- None.
Miami, Florida--(Newsfile Corp. - August 1, 2024) - Innovative Eyewear Inc. (NASDAQ: LUCY) (NASDAQ: LUCYW) ("Innovative Eyewear" or "the Company") the developer of smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands, today announced that the Company received formal notice (the "Notice") from the Nasdaq Office of General Counsel of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Rule").
To regain compliance with the Bid Price Rule, the Company's Common Stock was required to maintain a minimum closing bid price of
The Company's Common Stock will continue to trade on The Nasdaq Capital Market tier of Nasdaq under the symbol "LUCY".
About Innovative Eyewear Inc.
Innovative Eyewear is a developer and retailer of cutting-edge ChatGPT-enabled smart eyewear under the Lucyd®, Nautica®, Eddie Bauer® and Reebok® brands. True to our mission to Upgrade Your Eyewear®, our Bluetooth audio glasses allow users to stay safely and ergonomically connected to their digital lives and are offered in hundreds of frame and lens combinations to meet the needs of the optical market. To learn more about our smart eyewear collection and explore the future of eyewear technology, please visit www.Lucyd.co.
Forward-Looking Statements
This press release contains certain forward-looking statements, including those relating to the launch of new products. Forward-looking statements are based on the Company's current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including but not limited to "anticipate," "believe," "continue," "estimate," "expect," "future," "intend," "may," "outlook," "plan," "potential," "predict," "project," "should," "will," "would," and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company's filings with the Securities and Exchange Commission, including its annual report on Form 10-K under the caption "Risk Factors."
Investor Relations Contact:
Scott Powell
Skyline Corporate Communications Group LLC
Office: +1 (646) 893-5835
Email: scott@skylineccg.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/218477
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