Sol-Gel Technologies Ltd. Regains Compliance with Nasdaq Minimum Bid Price Requirement

Reuters

05-23

<a href="https://laohu8.com/S/SLGL">Sol-Gel Technologies</a> Ltd. Regains Compliance with Nasdaq Minimum Bid Price Requirement

Sol-Gel Technologies Ltd. announced that it has regained compliance with the Nasdaq Minimum Bid Price Requirement. The company had previously received a notification from Nasdaq on May 21, 2024, indicating that its ordinary shares had closed below $1 per share for 30 consecutive business days, failing to meet Nasdaq's Listing Rule 5550(a)(2). After being granted an additional compliance period until May 19, 2025, Sol-Gel successfully raised its share price, achieving a closing bid price of $1.00 or greater for 13 consecutive business days from May 5 to May 21, 2025. As a result, Nasdaq has now closed the prior bid price deficiency matter.

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. Sol Gel Technologies Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-25-001925), on May 22, 2025, and is solely responsible for the information contained therein.

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Regains Compliance with Nasdaq Minimum Bid Price Requirement\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\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 smaller\">2025-05-23 04:02</p>\n</div>\n</a>\n</h4>\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/SLGL\">Sol-Gel Technologies</a> Ltd. Regains Compliance with Nasdaq 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        Sol-Gel Technologies Ltd. announced that it has regained compliance with the Nasdaq Minimum Bid Price Requirement. The company had previously received a notification from Nasdaq on May 21, 2024, indicating that its ordinary shares had closed below $1 per share for 30 consecutive business days, failing to meet Nasdaq's Listing Rule 5550(a)(2). After being granted an additional compliance period until May 19, 2025, Sol-Gel successfully raised its share price, achieving a closing bid price of $1.00 or greater for 13 consecutive business days from May 5 to May 21, 2025. 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ID: 0001178913-25-001925), on May 22, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250522:nNDL6mVXJ4:1","article_id":"2537924426","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537924426","pubTimestamp":1747944169,"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":"Sol-Gel Technologies Ltd. announced that it has regained compliance with the Nasdaq Minimum Bid Price Requirement. 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