Smith Micro Regains Compliance with Nasdaq Minimum Bid Price Requirement
April 30 2024 - 9:15AM
Business Wire
Smith Micro Software, Inc. (Nasdaq: SMSI) (“Smith Micro” or the
“Company”), announced today that it has received notice from The
Nasdaq Stock Market informing the Company that, after having a
closing bid price at or greater than $1.00 per share for 12
consecutive business days from April 11, 2024 to April 26, 2024,
the Company has regained compliance with the minimum bid price
requirement under Nasdaq Listing Rule 5550(a)(2) for continued
listing on The Nasdaq Capital Market, and that the matter is now
closed.
About Smith Micro Software, Inc.
Smith Micro develops software to simplify and enhance the mobile
experience, providing solutions to some of the leading wireless
service providers around the world. From enabling the digital
family lifestyle to providing powerful voice messaging
capabilities, Smith Micro’s solutions enrich today’s connected
lifestyles while creating new opportunities to engage consumers via
smartphones and consumer IoT devices. The Smith Micro portfolio
also includes a wide range of products for creating, sharing, and
monetizing rich content, such as visual voice messaging, optimizing
retail content display and performing analytics on any product set.
For more information, visit www.smithmicro.com.
Smith Micro and the Smith Micro logo are registered trademarks
or trademarks of Smith Micro Software, Inc.
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version on businesswire.com: https://www.businesswire.com/news/home/20240430325003/en/
IR INQUIRES: Smith Micro Software Charles Messman +1
(949) 362-5800 IR@smithmicro.com
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