Qilian International Holding Group (QLI) said Friday it has regained compliance with the Nasdaq's minimum bid price requirement.
Qilian International's closing bid price was at least $1 per share for 10 consecutive business days from June 21 to July 9, the company said, citing a notification from Nasdaq.
Shares of the company fell 2.4% in recent Friday premarket activity.
Price: 4.0400, Change: -0.10, Percent Change: -2.42