Color star technology regains compliance with nasdaq minimum closing bid price rule

New york, dec. 05, 2024 (globe newswire) -- color star technology co., ltd. (nasdaq: add) (“color star” or the “company”), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announced today that it received a formal notification from the nasdaq stock market llc (“nasdaq”) that the company has regained compliance with nasdaq listing rule 5550(a)(2), which requires the company's ordinary shares to maintain a minimum bid price of $1.00 per share.
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