Mobilicom Regains Compliance with Nasdaq Minimum Bid Price Requirement
Mobilicom (Nasdaq: MOB, MOBBW), a cybersecurity and robust solutions provider for drones and robotics, has regained compliance with Nasdaq's minimum bid price requirement. The company received formal notice from Nasdaq confirming its compliance with all applicable listing standards, allowing its American Depositary Shares (ADSs) to continue trading on the Nasdaq Capital Market.
Mobilicom had previously been notified on June 25, 2024, of its failure to maintain a minimum bid price of $1.00 for 30 consecutive business days. The company successfully met the requirement by maintaining a closing bid price of $1.00 or more for 10 consecutive trading days from July 5 to July 18, 2024, well ahead of the December 23, 2024 deadline provided by Nasdaq.
Mobilicom (Nasdaq: MOB, MOBBW), un fornitore di soluzioni di cybersecurity e robuste per droni e robotica, ha recuperato la conformità ai requisiti di prezzo minimo delle offerte di Nasdaq. L'azienda ha ricevuto una comunicazione formale da Nasdaq che conferma la sua conformità a tutti gli standard di quotazione applicabili, consentendo ai suoi American Depositary Shares (ADS) di continuare a essere negoziati nel mercato Nasdaq Capital.
Mobilicom era stata precedentemente informata il 25 giugno 2024 del suo mancato rispetto del prezzo minimo di offerta di $1,00 per 30 giorni lavorativi consecutivi. L'azienda ha soddisfatto con successo il requisito mantenendo un prezzo di chiusura di offerta pari a $1,00 o superiore per 10 giorni di contrattazione consecutivi dal 5 al 18 luglio 2024, ben prima della scadenza del 23 dicembre 2024 fornita da Nasdaq.
Mobilicom (Nasdaq: MOB, MOBBW), un proveedor de soluciones de ciberseguridad y robustas para drones y robótica, ha recuperado la conformidad con el requisito de precio mínimo de oferta de Nasdaq. La compañía recibió un aviso formal de Nasdaq que confirma su cumplimiento con todos los estándares de cotización aplicables, permitiendo que sus American Depositary Shares (ADS) continúen negociándose en el mercado Nasdaq Capital.
Mobilicom había sido notificada previamente el 25 de junio de 2024 sobre su incumplimiento al no mantener un precio mínimo de oferta de $1.00 durante 30 días laborables consecutivos. La compañía cumplió exitosamente con el requisito al mantener un precio de cierre de oferta de $1.00 o más durante 10 días de negociación consecutivos desde el 5 hasta el 18 de julio de 2024, muy por delante de la fecha límite del 23 de diciembre de 2024 establecida por Nasdaq.
모빌리컴(Mobilicom)(Nasdaq: MOB, MOBBW)은 드론 및 로봇을 위한 사이버 보안 및 견고한 솔루션 제공업체로서 나스닥의 최소 호가 가격 요구 사항을 회복했습니다. 회사는 나스닥으로부터 모든 적용 가능한 상장 기준을 충족했음을 확인하는 공식 통지를 받았으며, 이를 통해 미국 예탁주식(ADS)이 나스닥 자본 시장에서 계속 거래될 수 있게 되었습니다.
모빌리컴은 이전에 2024년 6월 25일에 30일 연속으로 $1.00의 최소 호가 가격을 유지하지 못한 사실에 대해 통지를 받았습니다. 회사는 2024년 7월 5일부터 7월 18일까지 10일 연속 거래일 동안 $1.00 이상의 종가를 유지하여 요구 사항을 성공적으로 충족했으며, 이는 나스닥이 제공한 2024년 12월 23일 마감일보다 훨씬 앞선 것입니다.
Mobilicom (Nasdaq: MOB, MOBBW), un fournisseur de solutions de cybersécurité et de robustesse pour les drones et la robotique, a récupéré sa conformité avec l'exigence de prix minimum des offres de Nasdaq. L'entreprise a reçu une notification formelle de Nasdaq confirmant sa conformité avec toutes les normes de cotation applicables, permettant à ses American Depositary Shares (ADS) de continuer à être échangées sur le marché Nasdaq Capital.
Mobilicom avait été notifiée précédemment le 25 juin 2024 de son incapacité à maintenir un prix minimum d'offre de 1,00 $ pendant 30 jours ouvrables consécutifs. L'entreprise a réussi à satisfaire l'exigence en maintenant un prix de clôture d'offre de 1,00 $ ou plus pendant 10 jours de négociation consécutifs du 5 au 18 juillet 2024, bien avant la date limite du 23 décembre 2024 fixée par Nasdaq.
Mobilicom (Nasdaq: MOB, MOBBW), ein Anbieter von Cybersecurity- und robusten Lösungen für Drohnen und Robotik, hat die Einhaltung der Mindestgebotsanforderung von Nasdaq wiederhergestellt. Das Unternehmen erhielt eine formelle Mitteilung von Nasdaq, die bestätigt, dass es alle anwendbaren Zulassungsstandards erfüllt, wodurch seine American Depositary Shares (ADS) weiterhin am Nasdaq Capital Market gehandelt werden können.
Mobilicom war zuvor am 25. Juni 2024 über seine Nichterfüllung eines Mindestgebots von 1,00 $ über 30 aufeinanderfolgende Geschäftstage informiert worden. Das Unternehmen hat die Anforderung erfolgreich erfüllt, indem es während 10 aufeinanderfolgender Handelstage vom 5. bis 18. Juli 2024 einen Schlusskurs von 1,00 $ oder mehr gehalten hat, und das lange vor der von Nasdaq vorgegebenen Frist am 23. Dezember 2024.
- Regained compliance with Nasdaq's minimum bid price requirement
- Continues to be listed and traded on the Nasdaq Capital Market
- Achieved compliance well before the December 23, 2024 deadline
- None.
Shoham, Israel, July 22, 2024 (GLOBE NEWSWIRE) -- Mobilicom Limited (Nasdaq: MOB, MOBBW) ("Mobilicom" or the "Company"), a provider of cybersecurity and robust solutions for drones and robotics, today announced that it has received formal notice from The Nasdaq Stock Market, LLC (“Nasdaq”) stating that the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). Mobilicom is now in compliance with all applicable listing standards and its American Depositary Shares ("ADSs") will continue to be listed and traded on the Nasdaq Capital Market.
The Company was notified by Nasdaq on June 25, 2024, that its ADSs had failed to maintain a minimum bid price of
About Mobilicom
Mobilicom is a leading provider of cybersecure robust solutions for the rapidly growing defense and commercial drones and robotics market. Mobilicom’s large portfolio of field-proven technologies includes cybersecurity, software, hardware, and professional services that power, connect, guide, and secure drones and robotics. Through deployments across the globe with over 50 customers, including the world’s largest drone manufacturers, Mobilicom’s end-to-end solutions are used in mission-critical functions.
For investors, please use https://ir.mobilicom.com/
For company, please use www.mobilicom.com
Forward Looking Statements
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Mobilicom Limited’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the Company’s filings with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Mobilicom Limited undertakes no duty to update such information except as required under applicable law.
For more information on Mobilicom, please contact:
Liad Gelfer
Mobilicom Ltd
liad.gelfer@mobilicom.com
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