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Smith Micro Software, Inc. (SMSI) has regained compliance with the Nasdaq minimum bid price requirement after maintaining a closing bid price of $1.00 or more per share for 12 consecutive business days. The company received notice from The Nasdaq Stock Market that it has met the listing rule for continued listing on The Nasdaq Capital Market.
Smith Micro Software, Inc. (SMSI) ha riacquistato la conformità con il requisito del prezzo minimo di offerta del Nasdaq dopo aver mantenuto un prezzo di chiusura di offerta di $1.00 o superiore per 12 giorni lavorativi consecutivi. La compagnia ha ricevuto una notifica da The Nasdaq Stock Market che ha soddisfatto la regola di quotazione per la continuazione della quotazione sul Mercato Capitale del Nasdaq.
Smith Micro Software, Inc. (SMSI) ha recuperado su cumplimiento con el requisito del precio mínimo de oferta de Nasdaq tras mantener un precio de cierre de la oferta de $1.00 o más por acción durante 12 días hábiles consecutivos. La empresa recibió un aviso de The Nasdaq Stock Market que ha cumplido con la normativa de cotización para seguir estando listada en el Mercado de Capital de Nasdaq.
Smith Micro Software, Inc. (SMSI)는 12일 연속 영업일 동안 주당 $1.00 이상의 종가를 유지함으로써 나스닥 최소 입찰 가격 요구 사항을 다시 준수하게 되었습니다. 회사는 나스닥 캐피탈 마켓에서 계속 상장될 수 있는 나스닥 주식 시장의 상장 규칙을 충족했다는 통지를 받았습니다.
Smith Micro Software, Inc. (SMSI) a retrouvé sa conformité avec l'exigence de prix d'offre minimum de Nasdaq après avoir maintenu un prix d'offre de clôture de 1,00 $ ou plus par action pendant 12 jours ouvrables consécutifs. La société a reçu un avis de The Nasdaq Stock Market indiquant qu'elle a respecté la règle de cotation pour continuer à être cotée sur le Nasdaq Capital Market.
Smith Micro Software, Inc. (SMSI) hat die Einhaltung des Mindestgebotpreises der Nasdaq wiedergewonnen, nachdem es einen Abschlussgebotpreis von 1,00 $ oder mehr pro Aktie für 12 aufeinanderfolgende Geschäftstage aufrechterhalten hat. Das Unternehmen erhielt eine Mitteilung von der Nasdaq Börse, dass es die Notierungsregel für die weitere Notierung am Nasdaq Capital Market erfüllt hat.
Positive
Smith Micro Software, Inc. (SMSI) has successfully regained compliance with the Nasdaq minimum bid price requirement.
The company maintained a closing bid price at or above $1.00 per share for 12 consecutive business days, showcasing financial stability.
Regaining compliance with the Nasdaq listing rule ensures continued listing on The Nasdaq Capital Market, providing a sense of stability and confidence to investors.
Negative
None.
PITTSBURGH, Pa.--(BUSINESS WIRE)--
Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the “Company”), announced today that it has received notice from The Nasdaq Stock Market informing the Company that, after having a closing bid price at or greater than $1.00 per share for 12 consecutive business days from April 11, 2024 to April 26,2024, the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market, and that the matter is now closed.
About Smith Micro Software, Inc.
Smith Micro develops software to simplify and enhance the mobile experience, providing solutions to some of the leading wireless service providers around the world. From enabling the digital family lifestyle to providing powerful voice messaging capabilities, Smith Micro’s solutions enrich today’s connected lifestyles while creating new opportunities to engage consumers via smartphones and consumer IoT devices. The Smith Micro portfolio also includes a wide range of products for creating, sharing, and monetizing rich content, such as visual voice messaging, optimizing retail content display and performing analytics on any product set. For more information, visit www.smithmicro.com.
Smith Micro and the Smith Micro logo are registered trademarks or trademarks of Smith Micro Software, Inc.
IR INQUIRES:
Smith Micro Software
Charles Messman
+1 (949) 362-5800
IR@smithmicro.com
Source: Smith Micro Software, Inc.
FAQ
What is the recent announcement by Smith Micro Software, Inc. (SMSI)?
Smith Micro Software, Inc. (SMSI) has regained compliance with the Nasdaq minimum bid price requirement after maintaining a closing bid price of $1.00 or more per share for 12 consecutive business days.
What does compliance with the Nasdaq minimum bid price requirement mean for Smith Micro Software, Inc. (SMSI)?
Regaining compliance with the Nasdaq minimum bid price requirement ensures continued listing on The Nasdaq Capital Market, indicating financial stability and market confidence.
What market rule did Smith Micro Software, Inc. (SMSI) meet?
Smith Micro Software, Inc. (SMSI) met the Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market after maintaining a closing bid price at or above $1.00 per share for 12 consecutive business days.
