RegulatoryMay 8, 2026, 06:14 AM
Dreamland Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Dreamland Limited announced it has regained compliance with the Nasdaq Capital Market's minimum bid price requirement. The company received a letter from Nasdaq confirming that its Class A ordinary shares maintained a closing bid price at or above $1.00 for 10 consecutive business days, from April 21 to May 4, 2026. This resolves the previous non-compliance issue, and the matter is now closed.
Key Highlights
- Dreamland regained compliance with Nasdaq's minimum bid price requirement.
- Class A ordinary shares closed at or above $1.00 per share for 10 consecutive business days.
- Compliance period was from April 21 through May 4, 2026.
- The company satisfied Nasdaq Listing Rule 5550(a)(2).
- Nasdaq confirmed the matter is now closed.
Price Impact
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