Mogo receives nasdaq extension to comply with bid price rule

Westport, ct and mumbai, india / accesswire / october 12, 2023 / mobile global esports inc. ("mogo" or the "company") (nasdaq:mgam), a mobile and social platform for collegiate esports tournaments, announces that it has received notification from the nasdaq stock market llc ("nasdaq") confirming the company has been granted an additional 180 calendar day period, under listing rule 5810(c)(3)(a), or until april 8, 2024, to regain compliance under its minimum $1 bid price per share requirement. if at any time, during this additional time period, the closing bid price of the company's security is at least $1 per share for a minimum of ten consecutive business days, this matter will be closed under listing rule 5810(c)(3)(f).
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