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Wednesday, Asset Entities Inc. announced that it has regained compliance with Nasdaq’s minimum bid price requirement. The Dallas-based software services company, operating under the ticker (NASDAQ:ASST), received a notice from Nasdaq’s Listing Qualifications Department confirming that its Class B Common Stock’s closing bid price had been at $1.00 per share or greater for the last ten consecutive business days, from May 7, 2025, to May 20, 2025. The stock, currently trading at $8.17, has shown remarkable momentum with a 64.68% gain in the past week alone, according to InvestingPro data.
The compliance achievement follows a previous notification of non-compliance, as reported in the company’s 8-K filing on December 26, 2024. The original issue arose when Asset Entities Inc.’s stock did not meet the minimum bid price of $1.00 per share for 30 consecutive business days, as required by Nasdaq Listing Rule 5550(a)(2). The company’s stock has demonstrated exceptional performance since then, posting a dramatic 1,477% year-to-date return. InvestingPro analysis indicates the stock is currently trading above its Fair Value, with 13 additional key insights available to subscribers.
The recent Compliance Notice received on May 21, 2025, marks the resolution of this matter, with the company’s stock now meeting the necessary criteria for continued listing on The Nasdaq Capital Market. This development is a positive sign for the company, which is incorporated in Nevada and has its principal executive offices in Dallas, TX. With a market capitalization of $111.36 million and an overall WEAK financial health score, investors should note that InvestingPro data shows the stock currently trades with high price volatility.
The company, identified by the Central Index Key 0001920406, is also classified as an emerging growth company, as indicated in the SEC filing. This designation is defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Securities Exchange Act of 1934.
Asset Entities Inc.’s CEO and President, Arshia Sarkhani, signed off on the report, fulfilling the requirements of the Securities Exchange Act of 1934. The report is based on the company’s filing with the Securities and Exchange Commission and does not include any speculation or broader industry impact.
In other recent news, Asset Entities Inc. has secured a significant waiver that could impact its financial operations. The company finalized an amended agreement with Ionic Ventures, LLC, removing restrictions on conducting "at the market offerings" of its Class B Common Stock. This development, disclosed in an SEC filing, allows Asset Entities Inc. to engage in these transactions without triggering prohibitive terms from previous arrangements. The waiver permits the company to pursue such transactions without affecting the conversion price of the Series A Preferred Stock held by Ionic Ventures. This strategic move could provide Asset Entities Inc. with enhanced financial flexibility and access to capital markets. The agreement reflects a cooperative relationship between the company and its primary investor, Ionic Ventures. Transparency is maintained through the SEC filing, ensuring shareholders are informed of these changes. Investors will likely observe how this impacts Asset Entities Inc.’s financial strategies moving forward.
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