Ondas holdings receives extension to regain compliance with nasdaq's minimum bid requirement

Boston, ma / accesswire / november 19, 2024 / ondas holdings inc. (nasdaq:onds) ("ondas" or the "company"), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today it has received a notification letter from nasdaq stock market llc ("nasdaq") that the company has been granted an additional 180-day compliance period to regain compliance with nasdaq's minimum bid price of $1.00. ondas was granted the extension for the minimum bid price requirement based on the company meeting the continued listing requirement for market value of publicly held shares and all other applicable requirements for initial listing on the nasdaq capital market with the exception of the bid price requirement, and the company's written notice of its intention to cure the deficiency during the extended compliance period.
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