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Investing.com -- Ondas Holdings Inc (NASDAQ:ONDS) stock rose 4.1% after the company announced it has regained compliance with Nasdaq’s minimum bid price requirement, removing a significant regulatory hurdle for the industrial wireless and drone solutions provider.
The company received a notification letter from Nasdaq confirming it has met the exchange’s listing rule 5550(a)(2), which requires listed companies to maintain a minimum closing bid price of $1.00 or more. Ondas achieved this threshold for at least 10 consecutive business days, culminating on June 10, 2025.
With this compliance issue resolved, Nasdaq Listing Qualifications Staff has closed the prior bid price deficiency matter. Ondas is now in full compliance with all Nasdaq continued listing requirements and will continue to trade on The Nasdaq Capital Market.
Ondas Holdings operates as a provider of private industrial wireless networks and commercial drone and automated data solutions. Maintaining its Nasdaq listing is crucial for the company’s visibility to investors and market access.
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