RegulatoryNov 5, 2026, 07:21 AM
Kandal M Venture Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Kandal M Venture Limited has officially regained compliance with Nasdaq's minimum bid price requirement. The company received notification from Nasdaq on October 30, 2026, confirming that its Class A Ordinary Shares closed at $1.00 or greater for ten consecutive business days from October 16 to October 29, 2026. This resolves the non-compliance issue initially flagged on December 22, 2025, and closes the matter, which had an extended compliance deadline of December 21, 2026.
Key Highlights
- Kandal M Venture Limited regained compliance with Nasdaq minimum bid price requirement.
- The company's closing bid price was $1.00 or greater for 10 consecutive business days from October 16 to October 29, 2026.
- The compliance period was extended to December 21, 2026, by Nasdaq.
- The company initially received a notification of non-compliance on December 22, 2025.
Price Impact
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