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TradeXchange cites premarket gains for VEEA (+51%); MI (+32%); FRGT (+28%); OLB (+19%); and SAIQ (+19%). It also says SAIQ filed a Schedule 13D and OFAL completed an acquisition and title registration related to a Tokawa Coastal Property in Choshi, Japan (+15%).
Premarket movers cited: VEEA +48% after regaining full Nasdaq continued listing compliance; MI +42% momentum; FRGT +23% momentum; OFAL +21% after completing acquisition and title registration of Tokawa Coastal Property in Choshi, Japan; SAIQ +21% after filing SC 13D on CCTG; CCTG +19% momentum.
Veea regains full Nasdaq listing compliance; shares surge
Veea said it has resolved the remaining governance deficiencies tied to Nasdaq continued listing requirements and is now fully compliant. The company said it will be removed from Nasdaq's list of noncompliant companies.
Veea Inc. said it is now fully compliant with Nasdaq’s continued listing requirements after restoring required board and committee composition; its prior minimum bid-price deficiency was resolved following a reverse split.
Veea said it met remaining governance deficiencies and is now fully compliant with Nasdaq continued listing requirements after prior board vacancy-related governance items were resolved.