MMTec, Inc. (MTC) Regains Compliance with NASDAQ

MMTEC, Inc. (NASDAQ Capital Market: MTC) ("MMTEC" or the "Company"), a China-based technology company that provides access to the U.S. financial markets, today announced that that on July 27, 2022, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). The Company regained compliance with NASDAQ's requirements when the closing bid price for the Company's common stock was at or above $1.00 for 10 consecutive business days and the matter is now closed.

You May Also Be Interested In

• Interactive Brokers adds SafetyPay funding for Latin America clients
• L3Harris displays multi-domain defense tech at Army exercise
• Cummins wins battery storage contract for U.S. data center project