Recon Technology regains Nasdaq compliance with $1 minimum bid price rule
Bitget2026/09/18 12:30Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Recon Technology regained compliance with Nasdaq’s $1 minimum bid requirement, ending a delisting risk tied to Listing Rule 5550(a)(2).
- Nasdaq confirmed the stock’s closing bid stayed at or above $1 for 10 straight sessions from Sept. 1 to Sept. 15.
- The company had received a Nasdaq deficiency notice on May 4 for trading below $1 for 30 consecutive business days.
- Nasdaq closed the matter in a Sept. 16 letter, stating Recon is now compliant with all listing standards.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Recon Technology Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202609180830PR_NEWS_USPR_____CN51275) on September 18, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Japanese Yen: BoJ hike fails to lift JPY against US Dollar – Danske Bank
FXStreet•2026/09/18 13:39
BUZZ-Dynatrace shares rise; Needham upgrades rating to 'Buy'
路透社•2026/09/18 13:36
Data: Detected an outflow of 36.03 million USDT from a certain exchange
Chaincatcher•2026/09/18 13:30
BUZZ-Kava shares rise after announcing a 100 million USD stock buyback plan
路透社•2026/09/18 13:26
