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Sphere 3D Regains Compliance With Nasdaq Listing Requirement; Shares Fall
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Sphere 3D Regains Compliance With Nasdaq Listing Requirement; Shares Fall
Nov 19, 2024 9:13 PM

02:01 PM EST, 11/18/2024 (MT Newswires) -- Sphere 3D ( ANY ) regained compliance with the Nasdaq exchange's minimum bid price requirement.

On Friday, written notice from the exchange was received, Sphere 3D ( ANY ) said Monday in a regulatory filing.

On Oct. 12, Nasdaq notified the company that its shares failed to maintain a minimum bid price of $1 in the previous 30 straight business days.

Sphere 3D ( ANY ) shares fell 7.1% in recent trading Monday.

Price: 1.3850, Change: -0.1050, Percent Change: -7.05

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