Aterian receives extension to regain compliance with nasdaq minimum bid price rule

New york, oct. 24, 2023 (globe newswire) -- aterian, inc. (nasdaq: ater) (“aterian” or the “company”) today announced that it received written notice (the “notice”) from the nasdaq stock market llc (“nasdaq”) granting the company a 180-day extension, or until april 22, 2024, to regain compliance with nasdaq's $1.00 minimum bid price requirement as set forth in nasdaq listing rule 5550(a)(2) (the "rule").
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