2023-05-04 02:45:11 ET
- Actelis Networks ( NASDAQ: ASNS ) received notice from Nasdaq that it has regained compliance with the minimum bid price requirement.
- On November 3, 2022, Actelis was notified by the Nasdaq that it failed to meet a closing bid price of $1.00 or more for 30 consecutive business days.
- The company conducted a 1-for-10 reverse stock split of the shares on April 18, 2023, to aid the compliance process.
- The stock price is down 3% late hours on Wednesday.
For further details see:
Actelis Networks regains Nasdaq compliance for minimum bid price