- Newegg Commerce, Inc. (NEGG, Financial) regains compliance with Nasdaq's minimum bid price requirement.
- The company maintained a closing bid price of at least $1.00 per share for 10 consecutive business days.
- With compliance restored, NEGG will continue normal trading activities on Nasdaq.
Newegg Commerce, Inc. (NEGG), a prominent online retailer, has announced its restored compliance with the Nasdaq Capital Market's minimum bid price requirement. The company received an official notification confirming its return to compliance after maintaining a closing bid price of $1.00 or more for 10 consecutive business days from April 7 to April 21, 2025.
This achievement allows Newegg to continue its listing on Nasdaq without interruption, having satisfied the conditions outlined under Nasdaq Listing Rule 5550(a)(2). The closing of this listing matter ensures that Newegg can focus on its growth and operations as a leader in PC hardware, consumer electronics, and e-commerce solutions.
Newegg, headquartered in the City of Industry, California, offers a comprehensive platform that addresses marketing, supply chain, and technical needs for both consumers and businesses. For more information about Newegg and its offerings, please visit Newegg.com.
