UTime Limited Regains Compliance With Nasdaq Minimum Closing Bid Price Rule
Author: Benzinga Newsdesk | August 13, 2024 04:25pm
UTime Limited ("UTime" or the "Company") (NASDAQ:WTO), a mobile device manufacturing company committed to providing cost effective products and solutions to consumers globally and helping low-income individuals from established and emerging markets, announced today that it received a formal notification from the Nasdaq Stock Market LLC ("Nasdaq") that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), which requires the Company's ordinary shares to maintain a minimum bid price of $1.00 per share.
Posted In: WTO