KERN - Akerna regains compliance with Nasdaq's minimum bid price requirement
- Nasdaq has confirmed that the technology firm Akerna ( NASDAQ: KERN ) has regained compliance with the stock exchange's minimum bid price requirement of $1.00 per share.
- KERN shares were trading ~4% higher pre-market.
- The stock exchange had notified the company of non-compliance on May 24, with the company failing to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days.
- The company's closing bid price has been at $1.00 per share or greater from Jan. 12 to Jan. 26.
- The matter is now deemed closed.
- Source: Press Release
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Akerna regains compliance with Nasdaq's minimum bid price requirement