PME - Pingtan Marine climbs 18% premarket on regaining compliance with Nasdaq minimum bid price requirement

• Pingtan Marine ( NASDAQ: PME ) receives Nasdaq notification that the company has regained compliance with the minimum bid price requirement.

• The Company was notified by Nasdaq on June 30, 2021 that the bid price of the Company's ordinary shares for the last 30 consecutive business days has closed below the minimum of $1.00 per share.

• On June 29, 2022, Nasdaq provided confirmation to the company that for the 16 consecutive business days, from June 2 to June 24, 2022, the closing bid price of the company's common stock has been at $1.00 per share or greater.

For further details see: