Abits Group (ABTS) Receives Nasdaq Non-compliance Notice
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Abits Group Receives NASDAQ Notification Regarding Minimum Bid Price Requirements
April 15, 2024 4:30 PM EDTHong Kong, April 15, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (the Company) (NASDAQ: ABTS), a company engaged in bitcoin mining and related services business based in the United States, announced today that on April 12, 2024, it received a letter from The Nasdaq Stock Market LLC (Nasdaq) notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Companys ordinary shares was below $1.00 per share for a period of 30... More
