FlexShopper Regains Compliance With Nasdaq's Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
FlexShopper has regained compliance with Nasdaq's minimum bid price requirement, as its common stock has maintained a closing bid price of $1.00 per share or more for 10 consecutive business days.

June 01, 2023 | 8:37 pm
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FlexShopper's stock has regained compliance with Nasdaq's minimum bid price requirement, which may positively impact investor sentiment.
FlexShopper regaining compliance with Nasdaq's minimum bid price requirement indicates that the company's stock price has stabilized and maintained a closing bid price of $1.00 or more for 10 consecutive business days. This development may positively impact investor sentiment and lead to a short-term increase in the stock price.
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IMPORTANCE 75
RELEVANCE 100