Alpine 4 holdings (alpp) announces receipt of nasdaq notice of additional staff determination

Phoenix, az / accesswire / january 3, 2024 / alpine 4 holdings, inc. (nasdaq:alpp), a leading operator and owner of small market businesses, announced that on december 27, 2023, it received a staff determination notice from the listing qualifications department of the nasdaq stock market llc ("nasdaq") advising that for the preceding 30 consecutive business days, the closing bid price for the company's class a common stock (the "common stock") was below the minimum $1.00 per share requirement for continued inclusion on the nasdaq capital market, and that as such, alpine 4 was not in compliance with nasdaq listing rule 5550(a)(2) (the "bid price requirement"). in accordance with nasdaq rules, the company has been provided an initial period of 180 calendar days, or until june 24, 2024 (the "compliance date"), to regain compliance with the bid price requirement.
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