08:51 AM EDT, 09/12/2024 (MT Newswires) -- Oblong (OBLG) said Thursday that it had met Nasdaq's minimum bid price requirement, with its stock trading above $1 for ten consecutive days.

As of June 30, the company said it had $5.9 million of cash and no debt, providing liquidity into the first half of 2026.

Shares of the company rose nearly 67% in recent Thursday premarket activity.

Price: 4.7600, Change: +1.37, Percent Change: +40.41