K Wave Media regains Nasdaq compliance with $1 minimum bid rule
KWM•Nasdaq compliance regained
K Wave Media regained compliance with Nasdaq’s $1 minimum bid price rule, removing a potential delisting risk.
Nasdaq found the stock’s closing bid price held at $1 or above for 10 consecutive business days from Aug. 4 to Aug. 17.
Nasdaq closed the matter under Listing Rule 5550(a)(2).
