- Borqs Technologies ( NASDAQ: BRQS ) regained compliance with Nasdaq's minimum price requirement.
- The company received a letter dated July 12, 2022 from Nasdaq that: “Staff has determined that for the last 10 consecutive business days, from June 27 through July 11, 2022, the closing bid price of the Company’s common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2), and this matter is now closed.”
For further details see:
Borqs regained compliance with Nasdaq’s minimum bid price rule