Primech Holdings Ltd. Regains Nasdaq Compliance with Minimum Bid Price Requirement

Reuters

05/14

<a href="https://laohu8.com/S/PMEC">Primech Holdings Ltd.</a> Regains Nasdaq Compliance with Minimum Bid Price Requirement

Primech Holdings Ltd. Regains Nasdaq Compliance SINGAPORE, May 14, 2025 - Primech Holdings Ltd. (Nasdaq: PMEC), a key player in technology-driven facility services, announced its successful compliance with Nasdaq's minimum bid price requirement. The company received notification from Nasdaq on May 13, 2025, confirming that it met the necessary criteria, following an earlier notice on May 14, 2024, regarding non-compliance. Primech achieved the required minimum closing bid price of $1.00 or more for 10 consecutive trading days by May 12, 2025. CEO Kin Wai Ho expressed satisfaction with the compliance, emphasizing the company's commitment to growth and AI-powered technologies in the facility services market.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Primech Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9451148-en) on May 14, 2025, and is solely responsible for the information contained therein.

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Regains Nasdaq Compliance with Minimum Bid Price Requirement","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/PMEC\">Primech Holdings Ltd.</a> Regains Nasdaq Compliance with Minimum Bid Price Requirement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Primech Holdings Ltd. Regains Nasdaq Compliance SINGAPORE, May 14, 2025 - Primech Holdings Ltd. (Nasdaq: PMEC), a key player in technology-driven facility services, announced its successful compliance with Nasdaq's minimum bid price requirement. The company received notification from Nasdaq on May 13, 2025, confirming that it met the necessary criteria, following an earlier notice on May 14, 2024, regarding non-compliance. Primech achieved the required minimum closing bid price of $1.00 or more for 10 consecutive trading days by May 12, 2025. CEO Kin Wai Ho expressed satisfaction with the compliance, emphasizing the company's commitment to growth and AI-powered technologies in the facility services market.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Primech Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. 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Regains Nasdaq Compliance with Minimum Bid Price Requirement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-14 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/PMEC\">Primech Holdings Ltd.</a> Regains Nasdaq Compliance with Minimum Bid Price Requirement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Primech Holdings Ltd. Regains Nasdaq Compliance SINGAPORE, May 14, 2025 - Primech Holdings Ltd. (Nasdaq: PMEC), a key player in technology-driven facility services, announced its successful compliance with Nasdaq's minimum bid price requirement. The company received notification from Nasdaq on May 13, 2025, confirming that it met the necessary criteria, following an earlier notice on May 14, 2024, regarding non-compliance. Primech achieved the required minimum closing bid price of $1.00 or more for 10 consecutive trading days by May 12, 2025. CEO Kin Wai Ho expressed satisfaction with the compliance, emphasizing the company's commitment to growth and AI-powered technologies in the facility services market.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Primech Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9451148-en) on May 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2210150020.SGD","symbol_name":"Natixis Thematics Subscription Economy R/A SGD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250514:nNDL6S36rr:1","article_id":"2535027426","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2535027426","pubTimestamp":1747229409,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Primech Holdings Ltd. 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Regains Nasdaq Compliance with Minimum Bid Price Requirement\n    \n\n        Primech Holdings Ltd. Regains Nasdaq Compliance SINGAPORE, May 14, 2025 - Primech Holdings Ltd. (Nasdaq: PMEC), a key player in technology-driven facility services, announced its successful compliance with Nasdaq's minimum bid price requirement. The company received notification from Nasdaq on May 13, 2025, confirming that it met the necessary criteria, following an earlier notice on May 14, 2024, regarding non-compliance. Primech achieved the required minimum closing bid price of $1.00 or more for 10 consecutive trading days by May 12, 2025. CEO Kin Wai Ho expressed satisfaction with the compliance, emphasizing the company's commitment to growth and AI-powered technologies in the facility services market.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Primech Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9451148-en) on May 14, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}