Sadot Group (SDOT) Regains Nasdaq Compliance

Sadot Group Inc. (NASDAQ: SDOT) today announced that the Company received notice from The Nasdaq Stock Market on November 1, 2024, indicating that Sadot had regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).

To regain compliance with the NASDAQ Listing Rule, the Company's common stock was required to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days, which was achieved on October 31, 2024. Nasdaq has stated that this matter is now closed.

Michael Roper, CEO of Sadot Group, commented, "We are pleased to have regained compliance with Nasdaq's continued listing requirements. Maintaining our Nasdaq listing is essential to our corporate strategy, and this accomplishment underscores our commitment to advancing the Company's growth, enhancing shareholder value, and increasing our corporate visibility, positioning us for sustained, long-term success."

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