Globavend Holdings Limited announced it has regained compliance with the Nasdaq minimum bid price requirement, as confirmed by a notification letter from The Nasdaq Stock Market LLC.
The company evidenced a closing bid price at or greater than $1.00 per ordinary share for 10 consecutive business days, from May 9, 2025, to May 22, 2025.
As a result of achieving this compliance, the listing matter has been officially closed, and the company's ordinary shares continue to trade on Nasdaq under the symbol 'GVH'.
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