Synchronoss Regains Compliance with Nasdaq Minimum Bid Price Requirement
BRIDGEWATER, N.J., Dec. 28, 2023 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (“Synchronoss” or the “Company”) (Nasdaq:SNCR), a leading global provider of personal cloud software and services, today announced that it has received notice from The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that, after having a closing bid price over $1.00 for over eleven consecutive business days from December 11 through December 26, it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market, and that matter is now closed.
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