Actelis regains compliance with nasdaq minimum closing bid price rule

Fremont, calif., june 20, 2024 (globe newswire) -- actelis networks, inc. (nasdaq:asns) (“actelis” or the “company”), a market leader in cyber-hardened, rapid deployment networking solutions for iot applications, today announced that it has received a written notice from the nasdaq stock market llc ("nasdaq") that the company has regained compliance with the minimum bid price requirement for continued listing set forth in nasdaq listing rule 5550(a)(2), which requires listed securities, including the company's ordinary shares, to maintain a minimum bid price of $1.00 per share.
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