Nasdaq Approves Blockchain ASIC Chip Developer AGM Group’s Request to Remain Listed
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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