Abits group inc receives nasdaq minimum bid price requirement extension

Hong kong, oct. 11, 2024 (globe newswire) -- abits group inc (the “company”) (nasdaq: abts), a company engaged in bitcoin mining and related services in the united states, announced today on october 10, 2024, it received notification from the nasdaq stock market llc (“nasdaq”) confirming the company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through april 7, 2025. to regain compliance with nasdaq's minimum bid price requirement, the closing bid price of the company's common shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by april 7, 2025.
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