{"id":388177,"date":"2020-11-24T17:05:33","date_gmt":"2020-11-24T22:05:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388177"},"modified":"2020-11-24T17:05:33","modified_gmt":"2020-11-24T22:05:33","slug":"yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/","title":{"rendered":"Yatra Regains Compliance with NASDAQ Minimum Bid Price Requirement"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>GURUGRAM, <span class=\"xn-location\">India<\/span> and <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Nov. 24, 2020<\/span> \/PRNewswire\/ &#8212; Yatra Online, Inc. (&#8220;Company&#8221;) (NASDAQ: YTRA; OTCQX: YTROF), <span class=\"xn-location\">India&#8217;s<\/span> leading corporate travel services provider and one of <span class=\"xn-location\">India&#8217;s<\/span> leading online travel companies, announced today that it has received a letter from the Listing Qualifications Department of The Nasdaq Stock Market, Inc. notifying the Company that it has regained compliance with the NASDAQ Capital Market&#8217;s minimum bid price continued listing requirement.\u00a0<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1177350\/Yatra_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1177350\/Yatra_Logo.jpg\" title=\"(PRNewsfoto\/Yatra Online, Inc.)\" alt=\"(PRNewsfoto\/Yatra Online, Inc.)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The letter noted that for at least 10 consecutive business days, from <span class=\"xn-chron\">November 9 through November 23, 2020<\/span>, the closing bid price of the Company&#8217;s ordinary shares has been at <span class=\"xn-money\">$1.00<\/span> per share or greater. Accordingly, the Company has regained compliance with NASDAQ Marketplace Rule 5550(a)(2) and NASDAQ considers the matter closed.<\/p>\n<p>\n        <b>About Yatra Online, Inc.<br \/><\/b>Yatra Online, Inc. is the parent company of Yatra Online Pvt. Ltd. which is based in Gurugram, <span class=\"xn-location\">India<\/span> and is\u00a0India&#8217;s\u00a0leading corporate travel services provider with over 700+ Corporate customers and one of\u00a0India&#8217;s\u00a0leading online travel companies and operates the website\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2992878-1&amp;h=3300986447&amp;u=https%3A%2F%2Fwww.yatra.com%2F&amp;a=https%3A%2F%2Fwww.yatra.com%2F\" rel=\"nofollow noopener noreferrer\">https:\/\/www.yatra.com\/<\/a>. The company provides information, pricing, availability, and booking facility for domestic and international air travel, domestic and international hotel bookings, holiday packages, buses, trains, in city activities, inter-city and point-to-point cabs, homestays and cruises. As a leading platform of accommodation options, Yatra provides real-time bookings for more than 103,000 hotels in <span class=\"xn-location\">India<\/span> and over 1,500,000 hotels around the world.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=NY03202&amp;sd=2020-11-24\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement-301180143.html\">http:\/\/www.prnewswire.com\/news-releases\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement-301180143.html<\/a><\/p>\n<p>SOURCE  Yatra Online, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY03202&amp;Transmission_Id=202011241701PR_NEWS_USPR_____NY03202&amp;DateId=20201124\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire GURUGRAM, India and NEW YORK, Nov. 24, 2020 \/PRNewswire\/ &#8212; Yatra Online, Inc. (&#8220;Company&#8221;) (NASDAQ: YTRA; OTCQX: YTROF), India&#8217;s leading corporate travel services provider and one of India&#8217;s leading online travel companies, announced today that it has received a letter from the Listing Qualifications Department of The Nasdaq Stock Market, Inc. notifying the Company that it has regained compliance with the NASDAQ Capital Market&#8217;s minimum bid price continued listing requirement.\u00a0 The letter noted that for at least 10 consecutive business days, from November 9 through November 23, 2020, the closing bid price of the Company&#8217;s ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with NASDAQ Marketplace Rule 5550(a)(2) and NASDAQ &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Yatra Regains Compliance with NASDAQ Minimum Bid Price Requirement&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388177","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Yatra Regains Compliance with NASDAQ Minimum Bid Price Requirement - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yatra Regains Compliance with NASDAQ Minimum Bid Price Requirement - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire GURUGRAM, India and NEW YORK, Nov. 24, 2020 \/PRNewswire\/ &#8212; Yatra Online, Inc. (&#8220;Company&#8221;) (NASDAQ: YTRA; OTCQX: YTROF), India&#8217;s leading corporate travel services provider and one of India&#8217;s leading online travel companies, announced today that it has received a letter from the Listing Qualifications Department of The Nasdaq Stock Market, Inc. notifying the Company that it has regained compliance with the NASDAQ Capital Market&#8217;s minimum bid price continued listing requirement.\u00a0 The letter noted that for at least 10 consecutive business days, from November 9 through November 23, 2020, the closing bid price of the Company&#8217;s ordinary shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with NASDAQ Marketplace Rule 5550(a)(2) and NASDAQ &hellip; Continue reading &quot;Yatra Regains Compliance with NASDAQ Minimum Bid Price Requirement&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-24T22:05:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/1177350\/Yatra_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Yatra Regains Compliance with NASDAQ Minimum Bid Price Requirement\",\"datePublished\":\"2020-11-24T22:05:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\"},\"wordCount\":250,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/1177350\\\/Yatra_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/yatra-regains-compliance-with-nasdaq-minimum-bid-price-requirement\\\/\",\"name\":\"Yatra Regains Compliance with NASDAQ Minimum Bid Price Requirement - 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(&#8220;Company&#8221;) (NASDAQ: YTRA; OTCQX: YTROF), India&#8217;s leading corporate travel services provider and one of India&#8217;s leading online travel companies, announced today that it has received a letter from the Listing Qualifications Department of The Nasdaq Stock Market, Inc. notifying the Company that it has regained compliance with the NASDAQ Capital Market&#8217;s minimum bid price continued listing requirement.\u00a0 The letter noted that for at least 10 consecutive business days, from November 9 through November 23, 2020, the closing bid price of the Company&#8217;s ordinary shares has been at $1.00 per share or greater. 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