WISA - WiSA Technologies trades higher after Nasdaq grants additional extension to regain compliance

• Semiconductors company WiSA Technologies ( NASDAQ: WISA ) was trading ~9% higher pre-market after Nasdaq granted the company an additional extension to regain compliance with the stock exchange's requirements.
• Nasdaq has granted the technology company an additional 180-day compliance period, or until June 20, 2023, to regain compliance with its minimum bid price rule.
• The company was notified on Jun. 23 that its shares no longer met the minimum $1 bid price per share requirement, and was provided 180 calendar days, or until Dec. 20, to regain compliance.
• The company has said it will cure the deficiency by effecting a reverse stock split, if necessary.
• Source: Press Release

For further details see: