American Rebel Holdings Regains Compliance With NASDAQ Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
American Rebel Holdings, Inc. (NASDAQ:AREB) has regained compliance with NASDAQ's minimum bid price requirement. The company received a formal notice confirming compliance after maintaining a closing bid price of $1.00 or greater for 10 consecutive business days.
October 17, 2024 | 12:07 pm
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American Rebel Holdings has regained compliance with NASDAQ's minimum bid price requirement, closing a regulatory issue that could have led to delisting.
The company was at risk of delisting due to not meeting NASDAQ's minimum bid price requirement. Regaining compliance removes this risk, which is positive for the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100