SIMPPLE LTD. Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
Singapore, May 02, 2024 (GLOBE NEWSWIRE) — SIMPPLE LTD. (Nasdaq:SPPL) (the “Company” or “SIMPPLE”), an advanced technology solution provider in the emerging property-technology (“PropTech”) space, today announced that it received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) dated April 26, 2024, notifying the Company that based on the closing bid price of the Company for the period from March 14, 2024 to April 25, 2024, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.