Performant Regains Continued Listing Standard Compliance With Nasdaq
Performant Financial Corporation (Nasdaq:PFMT) announced it has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a letter received on February 11, 2021. This compliance relates to Rule 5450(a)(1) of the Nasdaq Listing Rules, and Nasdaq has deemed the matter closed. The company specializes in technology-enabled recovery and analytics services, assisting various markets in identifying and recovering delinquent assets and improper payments.
- Regained compliance with Nasdaq's minimum bid price requirement.
- Matter considered closed by Nasdaq, potentially stabilizing investor confidence.
- None.
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 February 11, 2021 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/
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