SIMPPLE Ltd. announced on May 2, 2025, that it received formal notice from The Nasdaq Stock Market LLC on April 28, 2025. The notice confirmed that the company had regained compliance with Nasdaq Capital Market’s continued listing standard for the minimum bid price requirement.
The company's closing bid price was $1.00 per share or greater for 14 consecutive business days, from April 7 through April 25, 2025. This resolution follows a previous notification reported in a Form 6-K dated February 26, 2025, regarding non-compliance with the $1.00 minimum bid price.
This re-establishment of compliance removes a potential delisting concern related to the bid price. The company remains committed to its expansion and growth objectives for Singapore and the broader region.
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