Summary by Moomoo AI
Maison Solutions has successfully regained compliance with Nasdaq's minimum bid price requirement, as confirmed by Nasdaq on October 8, 2024. The company had previously received a deficiency notice on September 17, 2024, due to its stock price falling below the $1.00 threshold for 30 consecutive business days.The compliance was restored after the company's common stock maintained a closing bid price of $1.00 or higher for 10 consecutive business days from September 24 through October 7, 2024. Nasdaq has officially closed this matter, confirming the company's continued listing status on The Nasdaq Capital Market.