Eqonex receives nasdaq notification regarding minimum bid price deficiency

Singapore , july 26, 2022 /prnewswire/ -- eqonex limited (nasdaq: eqos) ("eqonex" or the "company"), a digital assets financial services company, today announced that on july 21, 2022, it received a written notice (the "notice") from the nasdaq stock market llc ("nasdaq") that the company is not in compliance with the minimum bid price requirement of us$1.00 per share set forth in nasdaq rules for continued listing on nasdaq. based on the closing bid price of the company's listed securities for the last 30 consecutive business days from june 7, 2022, to july 20, 2022, the company no longer meets the minimum bid price requirement set forth in listing rule 5550(a)(2).
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