ARRIVAL Regains Compliance with Nasdaq Minimum Bid Price Requirement
LUXEMBOURG, April 28, 2023 (GLOBE NEWSWIRE) — Arrival (Nasdaq:ARVL; the “Company”), inventor of a unique new method of design and production of electric vehicles, today announced that it has received notice from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1) (the “Rule”) for continued listing on the Nasdaq Global Select Market and that the matter is now closed.
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