iOThree Ltd. Receives Nasdaq Notification for Non-Compliance with Minimum Bid Price Requirement

Reuters
06/07
iOThree Ltd. Receives Nasdaq Notification for Non-Compliance with Minimum Bid Price Requirement

iOThree Limited, a prominent provider of maritime digital technologies based in Singapore, has announced that it received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement. The company failed to meet the $1.00 closing bid price threshold for 30 consecutive business days between April 21, 2025, and June 2, 2025. This notification marks the beginning of a potential delisting process for iOThree Limited from the Nasdaq Stock Market unless the company addresses the deficiency. Further updates or specific future steps from iOThree Ltd. regarding this matter have not been disclosed in the announcement.

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. iOThree Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9464828-en) on June 06, 2025, and is solely responsible for the information contained therein.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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