Sunday, June 16, 2024

Caravelle International regains compliance with the minimum bid requirement

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  • Caravelle International Group (NASDAQ:CACO) on Tuesday said the company received a determination letter on June 10 from Nasdaq that for the 17 consecutive business days, the closing bid price of its shares has been at $1.00/share or greater.
  • Accordingly, the company has regained compliance with the minimum bid requirement and this matter is now closed.
  • Source: Press Release

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