American Rebel Holdings Regains Compliance With NASDAQ Minimum Bid Price Requirement
American Rebel Holdings Regains Compliance With NASDAQ Minimum Bid Price Requirement
American Rebel Holdings, Inc. (NASDAQ:AREB) ("American Rebel" or the "Company"), America's Patriotic Brand () and the creator of American Rebel Beer (), and manufacturer and marketer of branded safes (), personal security and self-defense products and apparel, announced today that on October 16, 2024, it received a formal notice from The Nasdaq Stock Market, LLC's Listing Qualifications ("Nasdaq"). The notice confirmed that the Company has regained compliance with the minimum bid price requirement as set forth in Nasdaq's Listing Rule 5550(a)(2) (the "Bid Price Rule").
美国Rebel控股公司（NASDAQ:AREB）（"美国Rebel"或"公司"），美国的爱国品牌和美国Rebel啤酒的创造者，以及品牌保险柜、个人安全和自卫产品以及服装的制造商和营销商，今天宣布，于2024年10月16日收到了纳斯达克股票市场有限责任公司上市资格部门的正式通知（“纳斯达克”）。 通知确认公司已恢复遵守纳斯达克上市规则5550(a)(2)规定的最低买入价格要求（“买盘价格规则”）
Previously on October 23, 2023, Nasdaq notified the Company that its Common Stock failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days as required by the Bid Price Rule. Nasdaq determined that for the last 10 consecutive business days, from October 2, 2024, to October 15, 2024, the closing bid price of the Company's common stock was at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5550(a)(2) and this matter is now closed.
此前，2023年10月23日，纳斯达克通知该公司，其普通股未能在前30个连续业务日内保持1.00美元的最低买入价格，遵守买盘价格规则的要求。纳斯达克确定，从2024年10月2日至2024年10月15日期间的最后10个连续营业日，公司普通股的收盘买入价格为每股1.00美元或更高。因此，该公司已恢复遵守上市规则5550(a)(2)，此事现已结案。
