Ondas Holdings receives extension to regain compliance with Nasdaq’s minimum bid requirement

seekingalpha11-20

Ondas Holdings (NASDAQ:ONDS) has received a notification letter from Nasdaq Stock Market that the company has been granted an additional 180-day compliance period to regain compliance with Nasdaq's ...

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Ondas was granted an extension for the minimum bid price requirement after meeting all Nasdaq listing criteria, except the bid price, and providing written notice of its intention to cure the deficiency during the extension period.  If the bid price of the common stock reaches $1.00 or more for 10 consecutive business days before the 180-day extension ends, Nasdaq will confirm compliance in writing. Shares of Ondas Holdings rose over 4.5% in after hours trading on Tuesday.  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