China BAK (CBAK) Regains Nasdaq Listing Compliance
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China BAK Battery, Inc. (Nasdaq: CBAK), has received a letter from The NASDAQ Stock Market Staff notifying the Company that it has regained compliance with the minimum bid price requirement for continued listing set forth in Listing Rule 5450(a)(1), as its common stock has achieved a closing bid price of $1.00 or more for 10 consecutive business days.
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