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ARB IOT Group Limited Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency
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Selangor, Malaysia, June 27, 2024 (GLOBE NEWSWIRE) -- ARB IOT Group Limited ("ARB" or the "Company") (NASDAQ: ARBB), a provider of complete solutions to clients for the integration of Internet of Things (“IoT”) systems and devices from designing to project deployment, today announced that on June 25, 2024, it received a written notification letter (the “Notification Letter”) from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of US$1.00 per share.06/27/2024
Why Is ARB IOT (ARBB) Stock Up 230% Today?
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ARB IOT (NASDAQ: ARBB ) stock is rocketing higher on Tuesday alongside heavy trading and an update on a shareholder of the Malaysia-based Internet of Things (IoT) company. A filing with the Securities and Exchange Commission (SEC) shows that ARB BERHAD holds a 28.38% stake in ARB IOT.02/13/2024
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Is ARB IOT Group Limited (ARBB) a buy, sell, or hold?
ARB IOT Group Limited (ARBB) can sell. Click on Rating Page for detail.
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The price of ARB IOT Group Limited (ARBB) is 0.3218 and it was updated on 2024-08-31 07:00:58.
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Currently ARB IOT Group Limited (ARBB) is in undervalued.
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