AirNet Technology (ANTE) said Thursday it was informed by Nasdaq on Tuesday that the company has regained compliance with the minimum market value of publicly held shares requirement for continued listing on the exchange.
AirNet was not in compliance with the minimum market value of publicly held shares requirement after failing to maintain a minimum of $1 million for 30 consecutive business days. However, Nasdaq confirmed that from Oct. 28 to Nov. 11, AirNet's minimum market value of publicly held shares was $1 million or greater.
The shares of AirNet Technology were down 3.3% in recent trading.
Price: 0.61, Change: -0.02, Percent Change: -3.30
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.