05:21 PM EST, 12/31/2024 (MT Newswires) -- Paranovus Entertainment Technology ( PAVS ) said late Tuesday it regained compliance with Nasdaq's minimum bid price requirement for continued listing.

The company said it received notification from Nasdaq that its stock's closing bid price has been at least $1 for the 10 consecutive business days from Dec. 13 to Dec. 30.

Shares of Paranovus Entertainment ( PAVS ) were up 52% in after-hours activity.