12:11 PM EST, 02/21/2025 (MT Newswires) -- Stran ( SWAG ) said Friday it has met the requirement of the minimum bid rule for continued listing on the Nasdaq Capital Market.

The company said it received a written notice from Nasdaq that for the last 11 consecutive business days, the closing bid price of its common stock had been $1.00 per share or greater, and the company has regained compliance.

Stran ( SWAG ) received a notice of non-compliance from Nasdaq on Jan. 27.

Its shares were down over 4% in recent trading.

Price: 1.14, Change: -0.05, Percent Change: -4.20