Naked Brand Group Limited (NAKD) Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule

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Naked Brand Group Limited Granted 180-Day Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule

November 27, 2020 8:32 AM EST

SYDNEY, AUSTRALIA / ACCESSWIRE / November 27, 2020 / Naked Brand Group Limited (NASDAQ:NAKD) ("Naked" or the "Company"), a global leader in intimate apparel and swimwear, has received notification from the Listing Qualifications Department of the Nasdaq Stock Market that the company has been granted an additional 180-day period, or until May 24, 2021, to regain compliance with the minimum $1.00 bid price per share requirement of Nasdaq's Marketplace Rule 5550(a)(2) (the "Rule").

Additional Nasdaq Compliance Period

Nasdaq has determined that the Company is eligible for an additional 180 calendar day period or until May 24, 2021, to regain... More