09:03 AM EST, 12/27/2024 (MT Newswires) -- Ondas ( ONDS ) shares gained nearly 20% in premarket trading Friday after the company said it has regained compliance with Nasdaq's minimum closing bid requirement.

The company said its stock maintained a minimum closing bid price of $1.00 or more for at least 10 consecutive business days through Dec. 24, and that Nasdaq now considers the prior bid price deficiency to be closed.

Ondas ( ONDS ) said it is now in full compliance with all Nasdaq continued listing requirements.