Regaining compliance with Nasdaq's listing requirements is a critical step for Locafy Limited, as it avoids the risk of delisting. This news is likely to be viewed positively by investors and could lead to a short-term increase in the stock price due to improved investor sentiment. The importance is rated high because compliance with listing standards is crucial for continued trading and investor perception. The confidence level is high as the compliance is a factual event with direct implications for the stock.