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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| SuperCom Ltd | NASDAQ:SPCB | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.19 | 5.78% | 3.48 | 3.40 | 3.48 | 3.29 | 3.14 | 3.29 | 95,980 | 00:59:41 |
From Jun 2024 to Dec 2024
NEW YORK, Sept. 16, 2024 /PRNewswire/ -- SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and Cybersecurity sectors, announced that it has received notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq's minimum bid price for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(a)(2) ("Min Bid Price Rule"), and this matter is now closed.
On September 13, 2023, Nasdaq notified the Company that its common stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Listing Rules of The Nasdaq Stock Market.
On September 6, 2024, Nasdaq determined that for the last 10 consecutive business days, from August 22 through September 5, 2024, the closing bid price of the Company's common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2)("Min Bid Price Rule"), and Nasdaq considers this matter now closed.
About SuperCom
Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, please visit SuperCom's website: www.supercom.com
SuperCom Investor Relations:
ir@supercom.com
Logo: https://mma.prnewswire.com/media/1717536/SuperCom_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/supercom-regains-compliance-with-nasdaq-minimum-bid-price-requirement-302249100.html
SOURCE SuperCom
Copyright 2024 PR Newswire
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