Nasdaq Approves Blockchain ASIC Chip Developer AGM Group’s Request to Remain Listed
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According to Globenewswire, blockchain ASIC chip developer and publicly listed company AGM Group has announced that it has received a compliance letter from Nasdaq, notifying the company that it now meets the bid price requirement under Nasdaq Listing Rule 5550(a)(2). As a result, its request to continue listing on the Nasdaq Capital Market has been approved.
Previously, it was reported that AGM Group received a delisting notice from Nasdaq in April this year, after which AGM Group filed an appeal.
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