Vivopower Receives Notification of Recompliance with Nasdaq's Minimum Bid Price Rule
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VivoPower International PLC has regained compliance with Nasdaq's minimum bid price rule, maintaining a minimum bid closing price of $1.00 per share for 10 consecutive business days.
December 11, 2024 | 1:45 pm
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VivoPower International PLC has regained compliance with Nasdaq's minimum bid price rule, which is a positive regulatory development for the company.
Regaining compliance with Nasdaq's minimum bid price rule is crucial for VivoPower as it avoids potential delisting, which could have negatively impacted investor confidence and stock liquidity. This development is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100