- China-based pharmaceutical company Universe Pharmaceuticals ( NASDAQ: UPC ) said it has received Nasdaq notification about regaining compliance with the stock exchange's minimum bid price requirement.
- The company said the matter is now closed.
- The non-compliance notice was received by UPC on Jul. 15.
- The company evidenced a closing bid price of or greater than $1 per share for the last 10 consecutive business days.
- UPC shares were trading -2.36% pre-market.
- Source: Press Release
For further details see:
Nasdaq notifies Universe Pharmaceuticals on regaining compliance with minimum price requirement