Simpple ltd. announces receipt of nasdaq staff determination letter

Singapore, oct. 25, 2024 (globe newswire) -- simpple ltd. (nasdaq: sppl) (the “company” or “simpple”), an advanced technology solution provider in the emerging property-technology (“proptech”) space, today announced that on april 26, 2024, the company received a letter from the listing qualifications staff of the nasdaq stock market (“nasdaq”) notifying the company that based on the closing bid price of the company for the period from march 14, 2024 to april 25, 2024, the company no longer meets the continued listing requirement of nasdaq under nasdaq listing rules 5550(a)(2) (the “rule”), to maintain a minimum bid price of $1 per share. the company was provided 180 calendar days, or until october 23, 2024, to regain compliance.
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