{"id":785677,"date":"2023-09-22T08:19:49","date_gmt":"2023-09-22T12:19:49","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/euda-health-holdings-limited-has-regained-compliance-with-nasdaq-capital-markets-continued-listing-requirements\/"},"modified":"2023-09-22T08:19:49","modified_gmt":"2023-09-22T12:19:49","slug":"euda-health-holdings-limited-has-regained-compliance-with-nasdaq-capital-markets-continued-listing-requirements","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/euda-health-holdings-limited-has-regained-compliance-with-nasdaq-capital-markets-continued-listing-requirements\/","title":{"rendered":"EUDA Health Holdings Limited Has Regained Compliance with Nasdaq Capital Market\u2019s Continued Listing Requirements"},"content":{"rendered":"
\n

Singapore, Sept. 22, 2023 (GLOBE NEWSWIRE) — As previously disclosed, EUDA Health Holdings Limited (\u201cEUDA\u201d and the \u201cCompany\u201d) received a written notice from Listing Qualifications Department of The Nasdaq Stock Market (\u201cNasdaq\u201d) on August 10, 2023 indicating that the Company was not in compliance with the $1.00 Minimum Bid Price requirement set forth in the Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the \u201cBid Price Requirement\u201d). On September 14, 2023, the Company received a written notice from Nasdaq stating that the closing bid price of the Company\u2019s common stock has been at $1.00 per share or greater for 10 consecutive business days from August 30 to September 13, 2023, and therefore the Company has regained compliance with the $1.00 Minimum Bid Price Requirement for continued listing on The Nasdaq Capital Market.<\/p>\n

As previously disclosed, the Company received a written notice from Nasdaq on July 31, 2023 indicating that the Company had failed to maintain a minimum market value of listed securities of $35 million over the previous 30 consecutive business days (the \u201cMVLS Requirement\u201d) as required by the Nasdaq Listing Rule 5550(b)(2). On September 20, 2023, the Company received a written notice from Nasdaq stating that the Company\u2019s market value of listed securities has been $35 million or greater for 10 consecutive business days from September 6 to September 19, 2023, and therefore the Company has regained compliance with the MVLS Requirement for continued listing on The Nasdaq Capital Market.<\/p>\n

All matters relating to the Company\u2019s previous non-compliance with the Nasdaq Capital Market\u2019s continued listing rules are now closed.<\/p>\n

\n For investor and media inquiries, please contact:<\/strong>
\n
\n Dr. Kelvin Chen<\/strong>
\n
Chief Executive Officer
EUDA Health Holdings Limited
+65 6268 6821
kelvin@euda.com<\/a><\/p>\n

\n
\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Singapore, Sept. 22, 2023 (GLOBE NEWSWIRE) — As previously disclosed, EUDA Health Holdings Limited (\u201cEUDA\u201d and the \u201cCompany\u201d) received a written notice from Listing Qualifications Department of The Nasdaq Stock Market (\u201cNasdaq\u201d) on August 10, 2023 indicating that the Company was not in compliance with the $1.00 Minimum Bid Price requirement set forth in the Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the \u201cBid Price Requirement\u201d). On September 14, 2023, the Company received a written notice from Nasdaq stating that the closing bid price of the Company\u2019s common stock has been at $1.00 per share or greater for 10 consecutive business days from August 30 to September 13, 2023, and therefore the Company has regained … <\/p>\n

Continue reading “EUDA Health Holdings Limited Has Regained Compliance with Nasdaq Capital Market\u2019s Continued Listing Requirements”<\/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-785677","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nEUDA Health Holdings Limited Has Regained Compliance with Nasdaq Capital Market\u2019s Continued Listing Requirements - 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\/euda-health-holdings-limited-has-regained-compliance-with-nasdaq-capital-markets-continued-listing-requirements\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EUDA Health Holdings Limited Has Regained Compliance with Nasdaq Capital Market\u2019s Continued Listing Requirements - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Singapore, Sept. 22, 2023 (GLOBE NEWSWIRE) — As previously disclosed, EUDA Health Holdings Limited (\u201cEUDA\u201d and the \u201cCompany\u201d) received a written notice from Listing Qualifications Department of The Nasdaq Stock Market (\u201cNasdaq\u201d) on August 10, 2023 indicating that the Company was not in compliance with the $1.00 Minimum Bid Price requirement set forth in the Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (the \u201cBid Price Requirement\u201d). 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