Toughbuilt industries, inc. granted 180-day extension to meet nasdaq minimum bid requirement

Lake forest, calif, jan. 22, 2021 (globe newswire) -- toughbuilt industries, inc. (“toughbuilt” or the “company”) (nasdaq: tblt; tbltw) today announced that on january 21, 2021, the company received a 180-day extension from nasdaq's listing qualification department to meet nasdaq's continuing listing requirements by maintaining a minimum bid price per share of $1.00 for a minimum of 10 consecutive trading days. the company now has until july 19, 2021 to meet nasdaq's minimum bid requirement.
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