Nexalin Technology regains Nasdaq minimum bid compliance
Nasdaq’s hearings panel granted Nexalin Technology’s request for continued listing after the company regained compliance with the Nasdaq minimum bid price requirement.
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12:32:34 PM UTC
SquawkNews
Nexalin received Nasdaq confirmation it regained compliance with the $1.00 minimum bid after 21 straight days post reverse split. It must also show at least $2.5M stockholders’ equity by Jan. 4, 2027 under a Nasdaq Panel decision.Material DetailsContext by AI AnalystThis is a mid-cycle compliance u…