Iothree limited announces receipt of nasdaq notification regarding minimum bid price deficiency

Singapore, june 06, 2025 (globe newswire) -- iothree limited ("iothree" or the "company") (nasdaq: iotr), a leading provider of maritime digital technologies including satellite connectivity and digitalization solutions in singapore with a focus on facilitating the maritime industry towards digital transformation, today announced that it has received a written notification from the nasdaq stock market llc (“nasdaq”) on june 3, 2025, indicating that the company was not in compliance with the $1.00 closing bid price requirement for the last 30 consecutive business days from april 21, 2025 to june 2, 2025 under the nasdaq listing rule 5550(a)(2).
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