SharpLink Gaming (SBET) Receives Nasdaq Non-compliance Notice

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SharpLink Gaming Announces Receipt of Nasdaq Minimum Bid Price Deficiency Notice

July 17, 2024 8:30 AM EDT

MINNEAPOLIS, July 17, 2024 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) (SharpLink or the Company) today announced that the Company received a letter from Nasdaq Listing Qualifications on July 11, 2024 (the Letter) indicating that the Company is no longer in compliance with the minimum bid price requirement for continued listing set forth in Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share.

The rules also provide SharpLink a compliance period of 180 calendar days to regain compliance. According to the Letter, the Company has... More