Performant Regains Continued Listing Standard Compliance with Nasdaq
Performant Financial Corporation (Nasdaq:PFMT) announced that it has regained compliance with Nasdaq's minimum bid price requirement as of October 16, 2020. This notification signifies the closure of the matter with Nasdaq, ensuring the company meets regulatory standards. Performant Financial specializes in technology-enabled recovery and analytics services focusing on delinquent assets and improper payments across various sectors including government and healthcare. This development is crucial for maintaining its listing status on the Nasdaq exchange.
- Regained compliance with Nasdaq's minimum bid price requirement.
- Matter with Nasdaq considered closed, ensuring continued listing.
- None.
LIVERMORE, Calif.--(BUSINESS WIRE)--Performant Financial Corporation (Nasdaq:PFMT), (“the Company”), a provider of technology-enabled recovery and related analytics services, announced today that it received a letter dated October 16, 2020 from the Nasdaq Stock Market LLC ("Nasdaq") notifying the Company that it has regained compliance with the minimum bid price requirement set forth in Rule 5450(a)(1) of the Nasdaq Listing Rules and that Nasdaq considers the matter closed.
About Performant Financial Corporation
Performant Financial Corporation is a leading provider of technology-enabled recovery and related analytics services. The Company's services help identify and recover delinquent or defaulted assets and improper payments for various government, healthcare and financial services markets in the United States. The Company was founded in 1976 and is headquartered in Livermore, California. To learn more about Performant Financial, please visit http://performantcorp.com/
