RegulatoryJul 30, 2026, 08:03 AM
Diginex Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Diginex Limited announced it has regained compliance with Nasdaq's Minimum Bid Price Requirement. The company received a Compliance Notice on July 28, 2026, confirming it met the US$1.00 minimum bid price for 20 consecutive business days. This follows a previous notification on March 23, 2026, regarding non-compliance, for which Diginex had until September 21, 2026, to rectify the situation.
Key Highlights
- Diginex received a Compliance Notice from Nasdaq on July 28, 2026.
- The company regained compliance with Nasdaq Listing Rule 5550(a)(2) (Minimum Bid Price Requirement).
- Previously, Diginex received a non-compliance notice on March 23, 2026, for a bid price below US$1.00.
- Diginex had 180 calendar days, until September 21, 2026, to regain compliance.
- The company's closing bid price was at or above US$1.00 for 20 consecutive business days from June 29, 2026 to July 27, 2026.
Price Impact
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