GURUGRAM, India and
NEW YORK, Nov. 24, 2020 /PRNewswire/ -- Yatra Online, Inc.
("Company") (NASDAQ: YTRA; OTCQX: YTROF), India's leading corporate travel services
provider and one of India'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's minimum bid
price continued listing requirement.
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'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 considers the matter
closed.
About Yatra Online, Inc.
Yatra Online, Inc. is the
parent company of Yatra Online Pvt. Ltd. which is based in
Gurugram, India and
is India's leading corporate travel services provider
with over 700+ Corporate customers and one
of India's leading online travel companies and operates
the website https://www.yatra.com/. 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
India and over 1,500,000 hotels
around the world.
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SOURCE Yatra Online, Inc.