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Aquabounty Technologies, Inc. (NASDAQ:AQB) announced it has regained compliance with the minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company received a letter from Nasdaq’s Listing Qualifications Department on Monday confirming that the matter is now closed, according to a statement released in a recent SEC filing.
Earlier this year, on January 15, Aquabounty was notified by Nasdaq that its common stock had closed below $1.00 per share for 30 consecutive business days, which put the company out of compliance with Nasdaq Listing Rule 5550(a)(2). This rule requires listed securities to maintain a minimum bid price of $1.00 per share. The stock has since rebounded significantly from its 52-week low of $0.47, now trading well above the compliance threshold.
As of Monday, Nasdaq informed Aquabounty that it had satisfied the minimum bid price requirement and that the company’s compliance issue has been resolved.
This information is based on a press release statement contained in the company’s filing with the Securities and Exchange Commission.
In other recent news, AquaBounty Technologies announced the resignation of Angela Olsen, who served as the company’s General Counsel, Chief Compliance Officer, and Corporate Secretary. According to a statement filed with the Securities and Exchange Commission, Olsen voluntarily resigned, with her departure effective August 22, 2025. The company clarified that Olsen’s resignation was not due to any disagreements regarding AquaBounty’s operations, policies, or practices. This update comes as part of the company’s ongoing developments.
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