Antelope Enterprise Holdings Regains Compliance With NASDAQ Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Antelope Enterprise Holdings Limited (AEHL), which operates KylinCloud, a livestreaming ecommerce business in China, has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). The company's Class A ordinary shares were at or above $1.00 for 10 consecutive business days.
October 04, 2023 | 1:36 pm
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Antelope Enterprise Holdings has regained compliance with NASDAQ's minimum bid price requirement, which could potentially boost investor confidence in the company.
Regaining compliance with NASDAQ's minimum bid price requirement is a positive signal for Antelope Enterprise Holdings. It indicates that the company's stock price has been stable or increasing, which could potentially attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100