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Asset Entities Regains Nasdaq Compliance; Shares Decline
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Asset Entities Regains Nasdaq Compliance; Shares Decline
Jul 29, 2024 10:32 AM

01:11 PM EDT, 07/29/2024 (MT Newswires) -- Asset Entities ( ASST ) shares were down 5.5% in recent Monday trading even after the company regained compliance with two Nasdaq listing requirements.

The company had fallen out of compliance with the stock exchange's minimum close bid price requirement of $1 and stockholders' equity requirement of at least $2.5 million.

Asset Entities ( ASST ) said it received a notice confirming that it had met both requirements and that the matters had been closed.

The company said its class B common stock will continue trading on the Nasdaq Capital Market under the symbol 'ASST.'

Price: 1.38, Change: -0.08, Percent Change: -5.48

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