11:01 AM EST, 12/23/2024 (MT Newswires) -- Spectral AI (MDAI) said Monday it received a letter from Nasdaq on Friday confirming that the company has regained compliance with the exchange's all applicable listing requirements for continued listing.

The letter stated that a further hearing regarding the company's compliance was no longer required, Spectral AI said.

The company's shares were up more than 12% in recent trading.

Price: 2.12, Change: +0.23, Percent Change: +12.17