Sphere 3D Regains Compliance With Nasdaq Listing Requirement; Shares Fall

MT Newswires Live

2024/11/19

Sphere 3D (ANY) regained compliance with the Nasdaq exchange's minimum bid price requirement.

On Friday, written notice from the exchange was received, Sphere 3D said Monday in a regulatory filing.

On Oct. 12, Nasdaq notified the company that its shares failed to maintain a minimum bid price of $1 in the previous 30 straight business days.

Sphere 3D shares fell 7.1% in recent trading Monday.

Price: 1.3850, Change: -0.1050, Percent Change: -7.05

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