09:19 AM EDT, 04/19/2024 (MT Newswires) -- Steakholder Foods ( STKH ) said Friday that Nasdaq has informed the company that it has regained compliance with the exchange's minimum bid price requirement.

Nasdaq told the company that the closing bid price of its American depositary shares was at least $1 for 10 straight business days from April 4 to April 17, Steakholder Foods ( STKH ) said.

The company's shares were up 4.7% in premarket activity.