HEXO - HEXO regains compliance with Nasdaq minimum bid price requirement
- HEXO ( NASDAQ: HEXO ) has regained compliance with Nasdaq's minimum bid price requirement.
- The company evidenced a closing bid price of its common shares on Nasdaq at or greater than the $1.00 per share minimum requirement for the last 10 consecutive business days.
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"We’re pleased the market is starting to recognize the strides we’ve made this year to position HEXO for long-term success. We’ve kept a tight focus on resetting the organization for profitable growth and remain dedicated to delivering a premium cannabis experience. We continue to build investor confidence as we look to position HEXO for long-term financial success," said Charlie Bowman, President and CEO of HEXO.
- Shares are trading down 3.36% premarket.
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HEXO regains compliance with Nasdaq minimum bid price requirement