OceanPal Regains Compliance With Nasdaq Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
OceanPal Inc. 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 27, 2023 | 12:45 pm
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OceanPal Inc. has regained compliance with Nasdaq's minimum bid price requirement, which may positively impact its stock price in the short term.
OceanPal regaining compliance with Nasdaq's minimum bid price requirement is a positive development for the company. This news may attract more investors and improve the stock's liquidity, leading to a potential increase in its stock price in the short term.
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RELEVANCE 100